What you need to know: The grant marks a significant milestone in their ongoing efforts to enhance the global competitiveness of Tanzania’s horticultural products Arusha. Better days for the multi-million-dollar horticultural industry are in the offing, thanks to the latest strategic partnership between international and local organisations. Yesterday, TradeMark Africa (TMA) and the Tanzania Horticultural Association (TAHA) sealed an ambitious grant agreement to initiate Phase II of the jointly run project. The primary aim is to enhance access to regional and international markets for Tanzania's fresh produce. The three-year partnership, backed by a $2.1 million (Sh5.4 billion) grant from the Foreign, Commonwealth & Development Office (FCDO), Norway, and Ireland-Funded TMA, also focuses on fostering sustainable trade practices and empowering local farmers in the horticultural industry. Details show that the ambitious project will upscale the production volume of strategic horticultural value chains destined for regional and overseas markets from 50,000 tonnes worth $18.3 million to 89,754 tonnes, with a potential for fetching $30.6 million per annum. Furthermore, the scheme will directly benefit an expanded cohort of horticultural growers nationwide, benefiting 55,708 individuals, a significant increase from the current 27,854 farmers. Notably, this group comprises predominantly women and youth who are actively engaged in cultivating strategic horticultural crops destined for export markets. Tanzania, known for its vibrant agriculture, has been a key player in the horticultural arena, exporting flowers, vegetables, spices, herbs and fruits like mangoes and avocados. However, despite the sub-sector's potential, challenges such as inadequate market access, limited logistical support,...
TradeMark Africa pumps $2.1 million to unlock TZ green gold industry
Posted on: April 26, 2024
Posted on: April 26, 2024