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Market News

  • 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. . .

  • EU Projects in Tanzania to Boost Agriculture

    Posted on :Wednesday , 3rd October 2018

    The European Union (EU) and the government of Tanzania on Tuesday have signed a 103.5-million-Euro financing agreement to improve productivity in the agricultural sector.


    A joint statement by the EU and the government of Tanzania said will focus on horticulture, coffee and tea to improve agricultural productivity.


    "Under the agreement the EU will provide 1. . .

  • Tanzania acquires coffee, tea and legumes market in China

    Posted on :Monday , 1st October 2018

    Tanzania Trade Development Authority (TTDA) has said that the country has secured a market for coffee, cashew nuts, ginger, tea, peas, and legumes in China where there is high demand for the commodities.


    A media report said that the development was announced by TTDA Director General, Mr Edwin Rutageruka after the Asian country was impressed by the commodities during ChinaASEAN. . .

  • China Promotes Tanzania's Cassava Production

    Posted on :Thursday , 27th September 2018

    The ongoing China-ASEAN Expo 2018 has promoted investment and trade opportunities in Tanzania, yielding positive results with some Chinese investors expressing interest in processing cassava starch.

    The good news comes amid the 1 billion US dollars (about 1.22trl/-) agreement between the governments of Tanzania and China in commercialization of the tubers, which are on high demand in . . .

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