The Citizen reported that Tanzania coal exports reached a seven-fold increase by the end of Q1 2023, citing data from the Bank of Tanzania. The bank reported revenues of $223.8 million related to coal exports, a dramatic increase from $31.9 million in the same period last year. Tanzania’s coal reserves are estimated to be 1.9 billion mt, 25% of which are proven. The resurgent coal demand has also seen the once sleepy port of Mtwara enjoy unprecedented operations with the government collecting sizeable revenues from the exports, according to The Citizen. From July 2022 through the end of Q1 2023, Port of Mtwara has shipped nearly 1.5 million mt of cargo, and coal accounted for 80%.

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