Tanzania Gold Reserves Hit $3.8 Billion in De-Dollarization Push
Eastern Africa Africa Tanzania Gold Reserves Hit $3.8 Billion in De-Dollarization Push By Samuel Ncube · July 25, 2026 · 5 min read Africa Intelligence A daily Africa read from a Latin American newsroom. Africa · Eastern Key Facts —Volume accumulated. The Bank of Tanzania bought roughly 28 tonnes of gold over 18 months through mid-2026. —Current valuation.
- ▪Eastern Africa Africa Tanzania Gold Reserves Hit $3.8 Billion in De-Dollarization Push By Samuel Ncube · July 25, 2026 · 5 min read Africa Intelligence A daily Africa read from a Latin American newsroom.
- ▪Africa · Eastern Key Facts —Volume accumulated.
- ▪The Bank of Tanzania bought roughly 28 tonnes of gold over 18 months through mid-2026. —Current valuation.
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Eastern Africa Africa Tanzania Gold Reserves Hit $3.8 Billion in De-Dollarization Push By Samuel Ncube · July 25, 2026 · 5 min read Africa Intelligence A daily Africa read from a Latin American newsroom. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Africa · Eastern Key Facts —Volume accumulated. The Bank of Tanzania bought roughly 28 tonnes of gold over 18 months through mid-2026. —Current valuation. Governor Emmanuel Tutuba values the 27.5-tonne holding at roughly USD 3.8 billion. —Reserve dominance. Gold now accounts for over 60 percent of Tanzania’s total foreign-exchange reserves. —De-dollarisation push. The programme runs alongside a ban on using US dollars for domestic transactions. —Currency impact.
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