Friday, April 07, 2023 8:35:48 PM
There will be $500 million in financing to US companies exporting services to Tanzania. BRLL service is the lithium extraction.
Recently Kamala Harris, Vice President of the United States, visited and spoke in Dar es Salaam, the counties commercial capital. During the visit by the VP, several initiatives were announced between the two nations, several of which will have a positive effect on the Titan Lithium projects. "Working together, it is our shared goal to increase economic investment in Tanzania and strengthen our economic ties," Harris stated.
First on the agenda was a new memorandum of understanding between the Export-Import Bank of the United States (EXIM) and the government of Tanzania that will facilitate up to $500 million USD in financing to help U.S. companies export goods and services to Tanzania in sectors including infrastructure and projects within the clean energy spectrum.
https://finance.yahoo.com/news/u-launch-series-initiatives-strengthen-130000489.html
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