M a r k e t N e w s

VAELL launches agricultural arm in Tanzania

Posted on : Friday , 31st July 2020

Regional Leasing Firm, Vehicle And Equipment Leasing Limited (VAELL) is set to launch its agricultural arm in Tanzania as part of its regional expansion strategy

Dubbed Tinga, the arm will support SMEs and small scale farmers access to farm implements and transport services.  


This move has been necessitated by various requests for farm machinery and transport services in East Africa’s largest nation,” said the firm in a statement.


VAELL Group launched Tinga in Kenya and has been vital in helping to boost productivity and curbing post harvest losses in various parts of Kenya through their mechanization services and farmers training. This has seen 300 per cent increase in harvests and 90 per cent decrease in postharvest losses.


Its mechanization efforts in Kenya have proved to be a success triggering the firm to replicate the model in Tanzania, after which it plans to cascade it to other countries including Zambia and DRC.


The new branch will cost the lessor Tsh1billion (Sh50 million) in the first phase.

This entry will help farmers in Tanzania access different types of equipment and services ranging from agricultural mechanization and transport, said VAELL’s Managing Director, Bertha Mvati.


Statistics indicate that due to lack of access to modern farm implements, most farmers in the region use outdated farming methods and therefore deterring them from getting proper returns on their investments.  


Mvati added through the initiative VAELL seeks to support the realization of goal number two of the United Nation’s Sustainable Development Goals  (SDGs)  that aims at ending hunger , achieve food security and improved nutrition and promote sustainable agriculture. For us to do this well we will work together with the relevant stakeholders as war on hunger requires joint effort and cooperation between the public and private sector, she said.

Source : the-star.co.ke
Featured Companies
  • /
  • African Business Development Association
  • /
  • TITAN Containers A/S
  • Mercury Tube Products
  • SMES Today Magazine
  • africabusiness.com
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Crown Hyper, is a world renowned company, providing premium brand products in the field of Electronics & IT
  • Air Conditioning Hire
  • Beutlich LP, Pharmaceuticals has been offering healthcare professionals unique solutions for pain management and preventative.
  • We are primarily involved in the following product range of material processing equipment: Crushing Equipment, Screening Equipment and Washing Equipment.
  • The key to the inventor air conditioning units success is that they are specifically designed to enable the modern individual invent his own custom made living and working conditions.
  • Small Medium Enterprises Today is one of the leading business magazine published in Kenya.
  • This journal goes to producers, buyers, traders and carriers dealing with the food industry products from Ukraine, and neighbor and foreign countries.
  • Yellow stone diesel-One of the leading manufacturers of engine parts.
  • We are fountain specialists. With over 30 years of experience and more than 1000 fountains built in 7 different African countries, Poolspa is the fountain and water feature leader in Africa
  • The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.
  • Stone,granite,Marble - International Stone Web
  • Marble and Granite
  • NMC is an internationally leading company active in the development, production and marketing of synthetic foams.
  • Veendeep Oiltek, ISO 9001:2008 certified company ,a trusted name in the industry is one of India
  • Kitchen Equipment
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2020 Afrotrade