Market News | IFMEX Tanzania 2024

Market News

  • Tanzania: Cheap Loans Help Rice Growers Triple Output

    Posted on :Tuesday , 23rd August 2016

    Morogoro — Paddy productivity has almost tripled among Dakawa-based growers in the last one year after the farmers accessed the financial support that helped to adhere to recommended agricultural practices.

     
    Some of the group members at the Dakawa Irrigation Scheme in the region say the bank loan has enabled them plant on time and apply fertilizers and pesticid. . .

  • Tanzania: TBL to Invest Sh27 Billion in Agriculture Sector

    Posted on :Monday , 22nd August 2016

    Mwanza — Tanzania Breweries Ltd (TBL) Group is planning to invest Sh27 billion in agriculture sector in the current financial year as a way to facilitate industrialization drive in the country.
     
    The money will enable barley, grapes, sorghum and maize farmers through providing them with seeds, extension services as well as facilitating them with access to cr. . .

  • Ethiopia: Technological Innovation for Better Agricultural Yields

    Posted on :Thursday , 18th August 2016

    Understandably Ethiopia's agriculture is characterized by subsistence and rain-fed farming and as such when it faces extreme weather conditions, the situation could make a turn for the worse.
     
    On the other hand, feeding the ever growing population is a challenge. Thus bolstering the sector with technology is a necessity than an option.
     
    <. . .

  • Ethiopia: Small-Scale Irrigation Schemes Reduce Drought Burdens

    Posted on :Wednesday , 17th August 2016

     The Ministry of Farming and Natural Resource said that small-scale irrigation schemes have played a big role in reducing El-Nino induced drought effects.

     
    Speaking at consultative meeting on resource mobilization for sustainable irrigation system yesterday, State Minister Frenesh Mekuria said that the nation's overall small scale irrigation activities in last d. . .

  • Bank Commit TZS500b in Loans for Tanzania Agriculture Development

    Posted on :Wednesday , 17th August 2016

    The Tanzania National Microfinance Bank (NMB) has set aside at least TZS500b to provide credit for agriculture development in the country over the next 5 years.
     
    This is part of the NMB five-year strategy aimed at revamping agricultural financing in Tanzania. This strategy, named “AgriBiashara” (“AgriBusiness”), was launched on August 3rd . . .

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