Tanzania Gold Exports Increased 44% in Year Through February
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Tanzania, which vies with Mali to be Africa’s third-biggest gold producer, posted a 44 percent increase in earnings from exports of the metal in the year through February, the central bank said.
Revenue from shipments increased $2.3 billion from $1.6 billion in the same period a year earlier, the Dar es Salaam-based bank said in a statement on its website today. Exports of gold and tourism receipts helped increase total exports to $6.8 billion from $6.1 billion, offsetting a decline in agricultural-commodity exports, it said.