How to reduce financing gap for mid-sized mining projects
Tanzania, May 18 -- Dar es Salaam. Tanzania can unlock more growth in its mining sector by building a stronger financing ecosystem for medium-sized mining projects, industry stakeholders have said.
Experts say many projects remain trapped between exploration funding and large-scale investment, creating a financing gap estimated at between $10 million and $50 million.
They argue that closing the gap will require specialised mining finance institutions, blended financing models, stronger technical project preparation and advisory-led due diligence to improve bankability and reduce lender risk.
ASNL Advisory director Humphrey Simba said Tanzania would benefit from specialised mining finance institutions, partial credit guarantee schemes a...
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