Market News | FOODAGRO Tanzania 2020

Market News

  • New Investment Plans For Agribusiness In Africa

    Posted on :Monday , 18th November 2019

    Africa is currently the second most populous continent in the world, its current population is 1.2 billion. This growing population of Africa could reach 2 billion by 2030 and 2.5 billion by 2050 as per the United Nations projections. This shows that one in five consumers globally will be African.

     

    Africa’s agribusiness sector is expected to reach $1 trillio. . .

  • Tanzania's Bakhresa Group Rebranded Its Azam Wheat Flour Into Multipurpose Flour To Boost Market Penetration

    Posted on :Tuesday , 8th October 2019

    The Corporate Affairs Director at Bakhresa Group, Mr Hussein Sufian, said that the rebranding coupled with the expansive production capacity of 2,750 tonnes per day, guarantees sufficient wheat products for the domestic market and surplus to be exported to the regional markets.

     
    The group operates one of the largest flour mills in Tanzania and exports its wheat flour. . .

  • Tanzania, Coffee Production Almost Doubled To Four Years High

    Posted on :Wednesday , 21st August 2019

    Tanzania coffee production has almost doubled to four years high, thanks to good weather and high crop circle boom this season.

    Tanzania Coffee Board (TCB), acting Director General Primus Kimaryo told the ‘Daily News’ yesterday that the production boomed from 47,000 metric tonnes in 2 017 / 18 to 6 5 ,5 00 metric tonn. . .

  • Tanzania Supplies One Million Metric Tonnes Of Maize And Flour To Kenya

    Posted on :Monday , 5th August 2019

    Tanzania will supply one million metric tonnes of maize and flour to Kenya in a period of 12 months to bridge a shortfall of corn that has led to soaring prices of food.

     

    The Deputy Minister for Agriculture and Irrigation, Hussein Bashe told the 'Daily News' yesterday Kenyan officials wh. . .

  • Tanzania Exports 1 Million tons Of Corn To Kenya

    Posted on :Monday , 1st July 2019

    Tanzania is set to sell 1 million tons of corn to neighboring Kenya to provide a helping hand to them from curbed production and caused prices of the grain to soar.

    A formal request for the sale from Kenya has been received, Tanzania’s state minister for agriculture, Omary Mgumba, said Friday in an emailed statement without giving details of the transa. . .

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