Market News | IFMEX Tanzania 2024

Market News

  • Tanzania Government implements new strategy to boost cashewnuts production

    Posted on :Thursday , 30th July 2020

    The government has outlined interventions intended to increase cashew nuts production as statistics indicate falling yields in the last five years.

     

    The measures, according to Agriculture minister Japhet Hasunga, include establishing a special fund which would lend agricultural inputs to farmers.

     

    The government has scrapped the Cashewnut Industry Development. . .

  • Tanzania targets $3 billion in horticulture exports by 2025

    Posted on :Thursday , 30th July 2020

    The government plans to repossess eight premium but “white elephant” commercial horticulture estates on the southern slopes of Mount Meru in Arusha Region.

     

    Announcing the move in Arusha over the weekend, the deputy minister for Agriculture, Mr Hussein Bashe, said the government will revive the leading farms to bolster horticultural production . . .

  • Tanzania boosting vegetable production to enhance food security

    Posted on :Thursday , 30th July 2020

    In a bid to boost production of vegetables, Tanzania signed an agreement with the World Vegetable Center, an international nonprofit institute for vegetable research and development.

     

    The agreement was signed in the commercial capital Dar es Salaam between the permanent secretary in the Ministry of Agriculture, Gerald Kusaya, on behalf of the government, and the World Vegetabl. . .

  • Food & Agriculture In East Africa Expected To Rise by $1 Trillion By 2030

    Posted on :Monday , 24th February 2020

    The AfDB president made a couple of quick highlights to deliberate. The food and agriculture in East Africa expected to rise by $1 trillion by 2030. Africa's population is now at 1.2 billion, which is likely to double by 2.5 billion by 2050.  

     

    The continent has 60% of global arable land but has unfortunately become one of the most prospective food importers targeted by j. . .

  • The Cashew Farmers Got Paid Over 60bn/ - By Government In Tanzania

    Posted on :Monday , 16th December 2019

     

    The Tanzania government has paid 60.6bn/-to cashew nuts farmers in Coast Region in the last season 2018/2019 as others wait for the completion of verification exercise to get paid.

     

    Coast Regional Commissioner (RC), Engineer Evarist Ndikilo told a Regional Consultative Committee (RCC) meeting in Kibaha that the cashew nuts trading continues, only consignments whic. . .

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