Saturday, July 27, 2024

Agriculture Investment Opportunities In Tanzania

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

This sector is critical to Tanzania’s industrialization since it provides markets for industrial products as well as raw materials. Tanzania has 44 million hectares of arable land, including 29.4 million hectares suited to irrigation.

  • Engaging in large-scale commercial cultivation of crops like sugarcane, rice, wheat, coffee, tea, sunflower, pulses, floriculture, cotton, sisal, grape, and maize. Sugarcane planting and production are aided by abundant water resources, favorable weather conditions, and a large market potential
  • Development of out growers to supplement the supplies of raw materials for the industries as suitable
  • Huge potential for investment in agro-industries and agro-processing
  • Irrigation system expansion and enhancement; agricultural cultivation R&D improvement. Agriculture employs about 67 % of the employed population and remains central to Tanzania’s industrialization as it provides markets for industrial products and raw materials for industries
  • Tanzania has the second largest livestock population in Africa;
  • Less than 1% of all meat is processed locally, while vast quantities of processed meat are imported
  • Freshwater cover is estimated to be 54,337 square kilometers, or about 6.1 percent of the total country’s surface area;
  • Tanzania has the second largest livestock population in Africa, with less than 1% of all meat processed locally while vast quantities of processed meat are imported.
  • Freshwater cover is estimated to be 54,337 sq km, or around 6.1 percent of the total country’s surface area.

From the present 300,000 tons per year, the sugar supply shortfall is expected to grow at a rate of 6% per year

  • Tanzania currently has four sugar plantations that produce a total of 300,000 tons of sugar per year and are operating at full capacity.
  • Tanzania currently has four sugar plantations that produce a total of 300,000 tons of sugar per year and are operating at full capacity
  • Tanzania has one of the greatest average cane yields in the world, at 120 tons per hectare
  • Tanzania has one of the best irrigation potentials in the sub-region, thanks to abundant rainfall and bountiful rivers fed by the high hinterland plateaus

In target sugar zones, the soil and topography are excellent for industrial sugarcane cultivation.

  • Tanzania spends more than $150,000 per year on edible oil imports. Tanzania is reliant on imported edible oil due to a lack of sophisticated mechanical extraction equipment and inadequate ways to boost agricultural output.
  • Tanzania contains sunflower, cotton, groundnuts, soya beans, and palm trees, which can be utilized to underpin a competitive edible oil industry in the country and regional market with enhanced production and productivity.

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