Market News
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Tanzanian Government to Invest Heavily in Palm Oil Farming
Posted on :Tuesday , 19th February 2019
The Prime Minister of Tanzania, Mr. Kassim Majaliwa recently stated that the government has allocated 4.3 million U.S dollars to boost the cultivation of palm oil as a part of its strategy to develop the crop so that its farmers are on the same level as growers of other cash crops.
Majaliwa made this statement while speaking in w. . .
East Africa - Leaders in Africa's Agricultural transformation
Posted on :Saturday , 9th February 2019
In implementing Africa's agricultural transformation policies, East African countries are leading. South Africa is second, according to a report on the Malabo declaration.
The declaration is a set of agricultural objectives to be achieved by 2025 by the Heads of State at the African Union Summit in Malabo, Equatoria. . .$3m deal signed to support farmers in Tanzania
Posted on :Friday , 21st December 2018
A $3m deal was signed between the Norwegian government and the UN World Food Programme (WFP) which aimed at supporting the Farm to Market Alliance (FtMA) with an objective that aimed at providing smallholder farmers to access farm inputs and markets for their produce.
Tea Export Increased by 13% from East Africa to the rest of the World
Posted on :Tuesday , 27th November 2018
Tea export volumes from East Africa to the rest of the world have risen by 1.4 million kilograms, representing a 13% increase from the comparable previous year, data from the East African Tea Export Auction reveals.
A latest auction report has shown that a total of 10.4 million kilogramme bags of tea were exported, more than the 9 million kilogramme bags exported around the sa. . .EXIM Bank Tanzania Pledged To Support Cashew Farmers
Posted on :Thursday , 8th November 2018
A section of cashew Nut farmers in Tanzania are set to receive a boost following a move by Exim Bank to support them with TZS 200 million ($87,334 dollars).The farmers from Mtwara will benefit from the investment which aims at bolstering the industry productivity during 2018 season.According to a statement from Exim Bank, cashewnut industry in Tanzania recently has seen a significan. . .
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