Market News Page No. 185| Africa Business News | Afrotrade

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Tanzania: NHC Gets Sh4.5tr Loan for Dar Project

In what can be described as a major boost, the National Housing Corporation (NHC) has secured a $2 billion (Sh4.5 trillion) loan from PTA Bank -- the financial arm of Comesa -- to construct a commercial centre and satellite city at Kawe in Dar es Salaam. This was revealed by the director general of NHC, Mr Nahemia Mchechu, yesterday. Addressing councillors from Kinondoni Municipality who toured the project site that.... Read more »

Posted on : Thursday , 27th July 2017

Tanzania-Turkey to Discuss Business Ties

TANZANIA and Turkey business people are expecting to meet this Thursday to discuss how the two countries could extend business ties. The one-day forum came merely seven months since Turkey President Recep Erdogan made a state visit in the country and signed various Memorandums of Understanding (MoU). Tanzania Private Sectors Foundation (TPSF)Executive Director, Godfrey Simbeye said the objective of the forum was to foster.... Read more »

Posted on : Thursday , 27th July 2017

ITC and WFP partner to fund smallholder farmers in Tanzania

Smallholder farmers produce most of the world’s food, but they form the majority of people living in poverty and often have food security challenges themselves The initiatives with KCB Bank Rwanda Limited and CRDB Bank PLC in Tanzania are part of the Farm to Market Alliance, a multi-stakeholder platform established in 2016, of which IFC and WFP are global members, to create agriculture value chains that secure sizeable local.... Read more »

Posted on : Wednesday , 19th July 2017

Tanzania: Plans Complete for First Agricultural Park in Tanzania

PLANS are underway to set up the country's first Agricultural Park at Kimamba in Kilosa District that will provide farmers with land and irrigation infrastructure in the area to improve productivity for food security and economic growth. The Agricultural Park is an area set aside largely for agricultural activities to encourage continuation of such operations, in which farmers can rent farms for a long term tenure at reasonable.... Read more »

Posted on : Wednesday , 19th July 2017

Tanzania: Seaweed Trade Booms Amid Concern About Falling Prices

Seaweed farming is gathering momentum in Mtwara, thanks to its comparative economic advantages. However, not all farmers have benefited from the booming business for various reasons. In a recent visit by the Worldwide Fund for Nature (WWF) Tanzania, a villager of Imekua, Ms Asha Bakari, 35, told The Citizen that she grew up cultivating this crop with her family and to a considerable extent it enabled their family to earn a living.... Read more »

Posted on : Wednesday , 19th July 2017

Tanzania: Institute in Fresh Push for Cassava

Kilosa. Experts from the Agricultural Research Institute (ARI)-Ilonga have advised leaders at all levels to encourage farmers to cultivate cassava, which is a drought resistant crop with a reliable market. Speaking during an exhibition of various crops researched at ARI in Kilosa, the Eastern Zone director of research and development in the ministry of Agriculture, Livestock and Fisheries, Dr Geoffrey Mkamilo, said it was the duty.... Read more »

Posted on : Wednesday , 19th July 2017

World Food Prize Winner Says African Agriculture Is the Key to World Food Security

The son of a Nigerian farm laborer who rose out of poverty to earn graduate degrees in agricultural economics and spent his career improving the availability of seed, fertilizer and financing for African farmers is the winner of this year’s World Food Prize announced Monday. Akinwumi Adesina, president of African Development Bank, says the future of global food security relies on making farming in Africa a profitable.... Read more »

Posted on : Wednesday , 19th July 2017

A farmer's journey from subsistence to success

In the small village of Ruponda in southern Tanzania’s Lindi Region, Joyce Mtauka has become something of a legend. As a “trainer of trainers” for the Primate’s World Relief and Development Fund (PWRDF), the Anglican Church of Canada’s relief and development agency, her work to educate farmers on better agricultural practices has made her an important local figure. As a farmer who has been able to.... Read more »

Posted on : Wednesday , 19th July 2017

Maize shortage to end in one month, expect surplus � Bett

Agriculture CS Willy Bett yesterday assured Kenyans that the maize shortage in the local market will be a thing of the past by the end of August. Bett said there will be a surplus of maize following imports from the East African Community — mainly Tanzania and Uganda. “We’ve consistently imported maize from global market segments to contain the acute shortage of the commodity, following the effects of.... Read more »

Posted on : Wednesday , 19th July 2017

ACGG to boost food security via rural farming

The African Chicken Genetic Gain (ACGG) has said it is set to enhance food security through rural farming. The Project Leader, ACGG, Prof. Funso Sonaiya, said this would be achieved through the transformation of smallholder chicken production into commercially viable enterprise with private sector engagement that could empower rural women, increase income and nutrition of their families. He said this would be achieved.... Read more »

Posted on : Wednesday , 19th July 2017

Tanzania: Love Letters to Tanzania - Beans or Beef for Dinner Tonight?

Hearing young people thoughtfully articulate their visions for a better future is a wonderfully uplifting aspect of teaching. Recently, I had the pleasure of assessing students' persuasive speaking skills as they presented on a range of environmental issues. When a student began to speak in favour of vegetarianism, her words fell on fertile ground and ruined my dinner plans - partially because she is a gifted orator, and partially.... Read more »

Posted on : Wednesday , 19th July 2017

IITA reaffirms its commitment to transforming Africa�s agriculture as it marks its 50th Anniversary

The International Institute of Tropical Agriculture (IITA) has vowed to redouble its efforts to transform Africa’s agriculture. This was expressed by IITA Director for Eastern Africa Dr Victor Manyong at a ceremony organized at the Institute’s Eastern Africa hub offices in Dar es Salaam, Tanzania, recently to mark its 50th anniversary. Dr Manyong assured guests at the event who included partners, beneficiaries, and.... Read more »

Posted on : Wednesday , 19th July 2017

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