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Tanzania and Indonesia Agree to Expand Development Cooperation in Agriculture and Energy
Tanzania and Indonesia have agreed to strengthen development cooperation in agriculture and energy after high-level talks in Dodoma. The partnership builds on long-standing diplomatic relations and ongoing capacity-building and investment cooperation between the two countries.
Tanzania Launches HortiMarket Platform to Connect Horticultural Farmers and Buyers
The Tanzania Horticultural Association (TAHA) has launched HortiMarket, a digital platform enabling farmers, buyers, exporters, and logistics providers to trade horticultural products directly. The system provides real-time information on prices, production, and demand, supporting over 500,000 smallholder farmers across Tanzania.
Tanzania Second Largest Pigeon Pea Producer Globally, Government Plans Direct Sales to India
Tanzania has become the world’s second-largest producer of pigeon peas, with over 400,000 tonnes expected in 2024/2025. Despite falling global prices, Tanzanian farmers remain among the top beneficiaries, as the government strengthens trade cooperation with India for stable export access.
African Development Bank Approves USD 10 Million to Support SMEs and Local Corporates
The African Development Bank has approved a USD 10 million trade finance guarantee for Exim Bank Tanzania to support up to USD 60 million in trade transactions. The facility will enhance access to finance for SMEs and local corporates in key sectors such as agriculture, health, and manufacturing.