Tanzania's coal exports rise seven-fold to hit $224mln
Tanzania, which has 1.9 billion coal reserves of which 25 percent are proven, saw its exports of the fossil fuel surge to $223.8 million
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Tanzania, which has 1.9 billion coal reserves of which 25 percent are proven, saw its exports of the fossil fuel surge to $223.8 million
According to the most recent data from Tanzanias central bank, Tanzanian coal exports experienced a seven-fold increase in the year to March as a result of the strong demand brought on by Europes energy crisis as a result of Russias invasion of Ukraine. | Pulse Nigeria
The value of Tanzania's coal exports rose to a record $223.8 million in the year to March 2023 from $31.9 million during the previous 12 months.
Once sleepy port of Mtwara has been enjoying unprecedented operations and government collecting sizeable revenues from the exports.