Market News | IFMEX Tanzania 2024

Market News

  • Tanzania secures huge loan to build a new tractors assembly plant

    Posted on :Friday , 2nd September 2016

     Tanzania has secured a loan worth 110 million U.S. dollars to establish a tractors assembly plant in its efforts to become east Africa’s food basket and a middle income nation by 2025.

    Tanzania will become the first nation in sub-Saharan Africa to venture into assembling farm machinery, which will transform the agricultural sector in the region, when the plan is fully impl. . .

  • Tanzania: Pass, WFP Partner in Ambitious Maize Production Project

    Posted on :Thursday , 1st September 2016

     Private Agricultural Sector Support (PASS) envisages reaching 345,000 entrepreneurs in agricultural sector this year, with projected guaranteed loans of 114bn/-.

     
    PASS Managing Director Mr Nicomed Bohay said in Dar es Salaam yesterday that the organisation will, under the PPP, partner with the World Food Programme (WFP) to support maize farmers in Songea, Mbeya. . .

  • How Ethiopian famine influenced Japanese businessman to campaign for modern farming in Africa

    Posted on :Thursday , 1st September 2016

     How Ethiopian famine influenced Japanese businessman to campaign for modern farming in Africa

     
    he meeting was a symposium on agriculture and Japanese Prime Minister Shinzo Abe who was in Nairobi for the Tokyo International Conference on African Development (Ticad) was to give an address.
     
    Titled, Contributing to Social Security and. . .

  • Tanzania-China Enterprises Unlock Huge Agriculture Potentials

    Posted on :Wednesday , 31st August 2016

     Tanzania could capitalise on food crisis striking most African countries, an initiative that would boost its foreign exchange earnings.

     
    The abundant agriculture land resources give the country enormous development potentials that through use of modern technologies could transform farming activities and lead to improved living standards.
     
  • Africa: Scientists Hope New Varieties Can Start Africa Rice Revolution

    Posted on :Tuesday , 30th August 2016

     The first hybrid rice varieties developed in sub-Saharan Africa are yielding up to four times more than other improved varieties, say scientists, who are using web-based tools to identify the right climate conditions to maximise harvests.

     
    The 15 hybrids, bred in Kenya and Tanzania, are also tolerant to diseases and the high temperatures found in Kenya's wester. . .

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