The Latest

Credit to Tanzania Agriculture Sector Increased by +90% in 2019

February 20, 2020
1 minute read
Tanzania Agriculture Credit 2019

The latest Bank of Tanzania (BOT) Monthly Economic Review of January 2020 indicates that in the year ending December 2019, credit to the private sector recorded an annual growth of 11.1% compared with 4.9% in December 2018.

This was supported by sustained accommodative monetary policy, coupled with ongoing measures implemented to improve the business environment, the Bank explains.

Credit growth was observed prominently in agriculture (+90.1%), building and construction (+72.6%), and transport and communication activities (+14.6%).

Tanzania Investment Guide 2026 Free Edition

In terms of shares in the outstanding credit to the private sector, personal-related and trade activities continued to account for larger shares with 28.7% and 17.7% respectively, followed by manufacturing (10.9%), agriculture (9.5%), and transport and communication (5.5%).

Tanzania Agriculture

Agriculture is Tanzania’s economic mainstay, contributing USD 13.9bn to its GDP (nearly 30%) and 67% to total employment during 2014.

In 2015 the Government of Tanzania established the Tanzania Agriculture Development Bank (TADB) to contribute to the development of agriculture sector through mobilizing financial resources and supporting smallholder farmers with low-interest loans.

Want to know more about Agriculture in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Agriculture, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Tweet
Share
Share
Share
Related Posts
EU-Tanzania Roadshow 2026 APM Terminals at Maasvlakte Rotterdam
Read More

EU–Tanzania Roadshow Ends With Rotterdam and Antwerp Port Visits as Tanzania Pitches Port, Rail and Logistics Opportunities to European Companies

The EU-Tanzania roadshow ended in Antwerp on 6 October 2026 after port visits in Rotterdam, with Tanzania's port and rail authorities pitching openings for terminal operators, EPC contractors, private rail operators and digital rolling stock tracking, while rail operator Vecturis, minerals logistics group Polytra, heavy lifting company Sarens and marine data company GEOxyz outlined their plans in Tanzania. The EU said it will join the World Bank and the EIB, which has a formal financing request, in supporting the Dar es Salaam port expansion, and offered Global Gateway guarantees, equity and feasibility funding for company projects screened by member states.
EU-Tanzania Roadshow 2026 The Hague day 1 opening Mkumbo
Read More

EU–Tanzania Roadshow Reaches The Hague With Coffee, Cashew, Critical Minerals, and Port Investment Pitches

The EU-Tanzania roadshow reached The Hague on 5 October 2026 for its final leg, where Tanzania pitched coffee and cashew processing, wheat and edible oils, critical minerals, the new Bagamoyo and Mwambani ports on the mainland, Zanzibar's Mangapwani port hub, four dry ports, and two new lines of the standard gauge railway network to around 90 businesses. Agriculture emerged as the priority sector for European and Dutch investors, with the best opportunities in food production and value addition, backed by Dutch expertise as the world's second-largest agricultural exporter.
Read More

Tanzanian Delegation Visits Agribusiness, AI, Data Centre and Railway Facilities on Day Two of EU–Tanzania Roadshow in Italy

On 2 October, Tanzanian agribusiness and digital delegations visited facilities in Emilia-Romagna during the EU–Tanzania roadshow’s Italian leg. On the second day of the EU–Tanzania roadshow in Italy, the agribusiness delegation visited Apofruit–Almaverde, Martini Group and Unitec to examine post-harvest handling and cold storage, livestock and food operations, and fruit sorting, grading and training. A separate group led by Deputy Minister Pius Chaya visited the University of Bologna, DAMA Tecnopolo and Bologna San Donato to learn about artificial intelligence, Industry 4.0, supercomputing, data centres and railway testing.
EU–Tanzania Investment and Business Forum 2026–2027 roadshow opening at Cesena Fiera, with blue Global Gateway and TanzaniaInvest branding
Read More

EU–Tanzania Roadshow Continues in Italy With Rice, Cashew, Coffee and Renewable Energy Investment Pitches in Cesena

At the Cesena stop of the EU–Tanzania roadshow, Tanzanian agencies presented investment opportunities in rice, cashew and coffee processing, renewable energy, power transmission and digital infrastructure. Italy’s Ministry of Foreign Affairs cited USD 8.6 billion in foreign investment registered in Tanzania in the last year, up 56%, while EU and Italian institutions outlined grants, guarantees, export credit and blended finance.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

Download Free Overview Get the Full Edition for Free