Market News | FOODAGRO Tanzania 2021

Market News

  • 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. . .

  • 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. . .

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