Tanzania’s agricultural sector has emerged as a mature and thriving system, offering numerous untapped potentials for investors globally, according to Mr. Vianey Rweyendela, the country’s manager for the Alliance for a Green Revolution in Africa (Agra).
As anticipation builds for the upcoming Africa’s Food Systems Summit 2023 (AGRF 2023 Summit), scheduled to commence on September 5, 2023, Rweyendela expressed his enthusiasm for Tanzania’s agricultural sector, referring to it as a valuable trove of opportunities for both domestic and international investors.
Supported by President Samia Suluhu Hassan, the AGRF 2023 Summit seeks to shape the future of Africa’s food systems. Under the theme “Recover, Regenerate, Act: Africa’s Solutions to Food Systems Transformation,” the event demonstrates a commitment to revitalize and strengthen the continent’s food systems.
Tanzania’s ambitious plans for its food systems revolve around preservation and the creation of an equitable, prosperous, and sustainable future. Through collaboration between the government, private sector, and civil society, the country aims to position itself as a prominent food provider for Africa and beyond.
Rweyendela highlighted Tanzania’s diverse value chains that span across vast geographic areas, making it an attractive destination for both domestic and international investors seeking untapped opportunities.
One significant strategy employed by the country is the bolstering of grain reserves, with plans to establish strategic production exceeding 12 million metric tonnes. Such reserves have proven instrumental in stabilizing market prices and reinforcing food security at both national and regional levels.
Tanzania, with its seven agro-ecological zones, presents a wide range of agribusiness opportunities, encompassing farming, processing, packaging, and exporting. Rweyendela emphasized the country’s potential, showcasing the broad spectrum of possibilities available to investors.
Moreover, Tanzania’s extensive coastline of over 1,400 kilometers offers significant opportunities for the blue economy.
In line with a comprehensive plan for agro-industrialization, Tanzania has launched various initiatives, including the Agricultural Sector Development Program Phase II (ASDP II) and the Tanzania Agro-industries Development Flagship (TAIDF). These initiatives represent critical steps toward the transformation of Tanzania’s agricultural landscape.
On May 12, 2023, the Minister for Agriculture, Hussein Bashe, inaugurated the registration process for Africa’s Food Systems Forum 2023 Summit (AGRF-2023) in Dodoma, extending a global invitation to agricultural stakeholders to register and participate.
Minister Bashe emphasized the government’s enthusiasm for collaborating with investors, urging them to consider investing in Tanzania’s agricultural sector. He assured comprehensive support and emphasized the country’s commitment to fostering a fruitful partnership with investors.
Tanzania’s rapidly maturing food systems have positioned it as an enticing investment destination within the agricultural landscape, offering abundant prospects for growth and sustainability.