African equity fund invests in Kenya's General Plastics

Tigo Tanzania has introduced a mobile Tanzania farming app that was designed to help connect farmers to agricultural services and market information including commodity market prices, availability of buyers and sellers and weather. Tanzania-mobile-farming According to John Wanyancha, Tigo’s Corporate Communications Manager, nearly 80% of Tanzanians participate in agricultural activities and the company is eager to support Tanzania farmers with the development of modern farming techniques. “We can all hold witness to how the sector of agriculture firmly contributes to socio-economic welfare of our country,” he said, “Farmers have a very significant contribution to our society.” In a recent interview with the East African Business Week, the Chief Researcher of the Commission of Science and Technology in Tanzania, Dr. Nicholaus Nyange indicated that mobile farming will soon become very important to Tanzania farmers.

Tanzania Agricultural GDP Grew By 3.4%

According to the recently published Growth Africa 2014 Report, Tanzania Agricultural GDP Grew By 3.4% in 2011. In 2013 1,049 new jobs in agriculture were created, with $9.7 million of investments made in the sector. growafrica-tanzania-report. The report indicates that Tanzania is favorably endowed with a rich natural resource base to support agriculture development, including a huge potential for irrigated agriculture. Yet the sector attracts the least shares of foreign direct investment (FDI) stock despite impressive inflows of FDI to Tanzania. However with the renewed focus and drive to accelerate investment in priority value chains that the Big Result Now (BRN) initiative has injected, Tanzania is well-positioned to achieve the big results in agricultural growth it aims to secure.

New Projects Worth USD 4.25 Million Will Strengthen Tanzania Agriculture Productivity

The Alliance for a Green Revolution in Africa (AGRA) has announced plans to fund approximately USD 4.25 million in projects to strengthen and improve Tanzania agricultural productivity, incomes, and the access to markets for farmers in the Southern Agricultural Growth Corridor of Tanzania (SAGCOT). agra-tanzania-alliance-green-revolution-africa. The Netherlands Development Organization (SNV), the Rural Urban Development Initiative (RUDI), the Women in Social Entrepreneurship (WISE) and the Dunduliza Network of Savings And Credit Co-operatives (SACCOs) are currently working together to create a series of project to last three year projects that will improve Tanzania farmers' access to quality seed and inputs, educate agro-dealers on improved technologies, and make these improved technologies more accessible by connecting agro-dealers and farmers to micro-financiers. .

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