African Mining Reforms Require Local Ownership in DRC and Tanzania

The Democratic Republic of Congo is set to enforce new mining‑code provisions that obligate mining companies to allocate 10% of their share capital to Congolese investors, split evenly between workers and private citizens, with processing firms required to reserve at least 50% for locals. The rules take effect on 31 July 2026 after a moratorium expires.

In Tanzania, a 2026 TEITI report shows that mining firms spent US$2.04 billion on goods and services in 2023/24, with 88% sourced from Tanzanian companies. A 2025 amendment to the Mining (Local Content) Regulations now mandates foreign suppliers to form joint ventures with Tanzanian partners holding at least 20% of the venture’s capital, further tightening local‑content requirements.