Interesting! May be Elon will be interested?8 Jan 2026 08:07
"By bne IntelliNews December 10, 2025
Tanzania and the United States have advanced negotiations on three major investment projects following talks between President Samia Suluhu Hassan and Acting US Ambassador Andrew Lentz at Chamwino State House, The Citizen reported on December 9.
Tanzania's State House described the meeting as a “defining step” in bilateral economic cooperation, signalling renewed momentum behind long-running project discussions.
Officials cited by the newspaper said negotiations covered Tanzania’s proposed $42bn LNG development, the $942mn Tembo Nickel project Black Rock Mining’s (ASX:BKT) $300mn Mahenge Graphite mine. Collectively, the three schemes represent a significant share of Tanzania’s medium-term investment pipeline, which the government has estimated at over $60bn across energy and strategic minerals.
US commercial engagement has increased in the region, with Tanzania identified by US agencies as a priority East African market for energy investment, infrastructure financing and supply-chain diversification. “The United States is committed to a relationship based not on aid dependency but on shared prosperity,” Lentz, accompanied by senior US officials, is quoted as saying.
While no specific commitments have been made public, future US involvement could centre on development finance, with the US International Development Finance Corporation and EXIM Bank positioned to support LNG-linked infrastructure and mineral-processing facilities through long-tenor loans, guarantees and export financing tied to US equipment.
Given that Washington has identified nickel and graphite as strategic minerals, there is also scope for supply-chain partnerships, offtake arrangements and technical support for downstream processing. Such involvement would align with US efforts to diversify battery material sourcing under recent industrial and climate legislation.
US private-sector engagement may also occur through engineering firms, liquefaction-technology providers, and mining-services companies that supply project equipment and expertise. Investor interest is expected to depend on risk-mitigation tools and clarity on Tanzania’s local-content and beneficiation rules.
President Hassan said Tanzania is prepared to complete the remaining procedural steps to progress the projects. “As a non-aligned country, Tanzania is open, ready and committed to working with all partners who respect our sovereignty and share our vision for prosperity,” she said. Her administration has been revising fiscal and regulatory frameworks since 2021 to attract capital to the energy and mining sectors.
Tanzania holds an estimated 57 trillion cubic feet (1.61 trillion cubic metres) of recoverable natural gas, mostly offshore in blocks operated by majors including Equinor (NYSE:EQNR, OSE:EQNR) and Shell (LSE:SHEL, NYSE:SHEL).