Market News | IFMEX Tanzania 2024

Market News

  • FOOD AND AGRICULTURE NOW AT THE FOREFRONT OF DEVELOPMENT PLANS IN TANZANIA

    Posted on :Monday , 15th April 2019

    The largest and most important sector of the Tanzanian economy is undoubtedly agriculture, the country benefits from a diverse production base which includes livestock, staple food crops and a variety of cash crops. In the last 10 years the sector’s contribution to GDP has more than tripled, this is supported by rising cash crop production, an emerging agro-processing segment and strong d. . .

  • Tanzania's oil shortage becomes good news for importers

    Posted on :Monday , 1st April 2019

    Tanzania is becoming a promising market for edible oil players as its seeking investors in the edible oil sector to tame its huge import bill, which stands at $294 million. The nation is facing a large deficit in production of edible oil, paving the path for imports to meet growing demand. The government has is finding measures to reduce duties on imports, including from East African Community . . .

  • 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.


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