Public Management

Tanzania: AfdB supports small horticultural businesses with $2.5 million grant

Tanzania: AfdB supports small horticultural businesses with $2.5 million grant
Friday, 20 October 2023 11:33

The Board of Directors of the African Development Bank Group approved a $2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. The funds, approved on 19 October 2023, will come from the Global Agriculture & Food Security Program to support mainly food system service providers in rural areas.

The programme aims to increase the production and marketing of horticultural products to mitigate the effects of the Covid-19 pandemic. It includes promoting sustainable and climate-smart agricultural and agro-ecological techniques and management strategies for biodiversity and landscapes. It will boost production, climate consultancy services and post-harvest management.

The scheme will be implemented in four regions: the rural district of Morogoro, Mvomero district in Morogoro region; Wanging’ombe district in Njombe region, and Kaskazini ‘A’ and ‘B’ districts in Unguja, Zanzibar. It targets five value chains: spices such as cloves, cinnamon, ginger, black pepper and garlic; tomatoes; peas; green beans and potatoes.

Other components include building at least five climate-resilient facilities for sorting, classification, bulk packing, packaging and storage to reduce post-harvest losses. A multi-purpose, climate-resilient processing facility for spices will be established in the Morogoro district in the eastern side of the country to process spices for local and regional markets.

The project will allow small operators in Tanzania to improve the efficiency of their agricultural activities, substantially increasing the volume and quality of products per unit of surface area. In the long term, these benefits should significantly impact other farmers, which should help more agricultural communities and the country as a whole.

 2365 BAD

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Cameroon will issue the first 15-year OTA in CEMAC on February 17, 2026. The Treasury seeks CFA20 billion to test demand beyond the 10-year...
IFC considers up to $8 million in Aruwa Fund II $50 million fund targets Nigerian, Ghanaian SMEs Focus on women-led firms in underserved...
Vista acquires 99.99% of Saham Assurances Niger Company rebranded as Vista Assurances Niger Deal marks entry into Niger’s small insurance...
Beltone acquires Baobab Group for €197.6 million Deal expands footprint into seven sub-Saharan countries Baobab serves 1.6 million...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
04

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
05

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.