Dar es Salaam, August 2025 – Tanzania has taken a decisive step in modernizing its financial safety net with the appointment of Mr. Isack Nikodem Kihwili as the first Director General (DG) of the Deposit Insurance Board (DIB). The landmark decision, effective August 1, 2025, marks the beginning of a new era for the institution, which is transitioning from…
For international investors seeking high-growth opportunities, Tanzania’s agricultural sector presents a compelling landscape ripe with potential. Driven by ambitious government initiatives and significant year-on-year growth, the nation is positioning itself as an agricultural powerhouse, offering substantial returns across diverse crops and value chains. The Agriculture Annual Report 2023/2024 highlights remarkable progress and outlines strategic interventions designed to attract and…
KILOMBERO, Tanzania – In the lush floodplains of the Kilombero Valley—the lifeblood for countless farmers and a sanctuary for globally significant wildlife—a new chapter is being written. This is a story not of conflict between development and conservation, but of a powerful, emerging partnership where a diverse coalition is charting a course for a future where people and nature…
Morogoro, Tanzania — At the bustling Nane Nane Eastern Zone Agricultural Exhibition in Morogoro, the African Wildlife Foundation (AWF) brought forward a compelling vision: integrating cutting-edge agricultural technologies with environmental conservation to secure Tanzania’s future. Speaking at the AGCOT pavilion, Alexandra Mpwaga of AWF emphasized that their showcase was designed to provide farmers with practical, high-impact solutions that increase…
As the global spice market swells—expected to grow from $16.46 billion in 2024 to $26.65 billion by 2033—this young Tanzanian entrepreneur is transforming local farming networks into premium exports, with strategic investments in quality, logistics, and international branding. By AGCOT Centre, Tanzania – August 12, 2025 At the annual Nane Nane 2025 Exhibition in Mbeya, Tanzania, amid the sea…
Dar es Salaam, 11 August 2025 — In a groundbreaking shift toward participatory regulation, the Bank of Tanzania (BoT) has formally designated the Tanzania Association of Microfinance Institutions (TAMFI) and the Tanzania Microfinance Institutions Union (TAMIU) as Guided Self-Regulatory Institutions (GSRIs). This strategic move marks a pivotal moment in the evolution of Tanzania’s microfinance sector. Under the newly introduced…
Dodoma, August 8, 2025 — The President of the United Republic of Tanzania, Dr. Samia Suluhu Hassan, has commended the Tanzania Agricultural Development Bank (TADB) for its outstanding performance, which has delivered tangible benefits to farmers across the country. President Samia made the remarks today during the climax of the National Farmers’ Day (Nanenane) Agricultural Exhibition, held in Dodoma,…
DODOMA, Tanzania – A new study suggests that Tanzania’s agricultural sector contributes significantly more to government revenue than official statistics indicate. The research, conducted by economists Cyril Chimilla of the Institute of Tax Administration and John Siegfried M. Shilinde of the Economic and Social Research Foundation, highlights the substantial, often-overlooked, fiscal impact of indirect revenue. Presented at the 11th…
Dodoma, Tanzania – The District Commissioner for Mkalama, Moses Machali, has praised the University of Dar es Salaam (UDSM) for its significant contributions to the advancement of science, technology, and innovation in the country. Speaking on August 6, 2025, during his visit to the UDSM booth at the Nanenane Agricultural Exhibition in Nzuguni grounds, Machali expressed his admiration for…
Dar es Salaam, Tanzania – The Managing Director of the Tanzania Electric Supply Company (TANESCO), Lazaro Twange, has expressed satisfaction with the progress of three major power substation expansion projects in Dar es Salaam. These projects, located in Dege, Gongolamboto, and Ubungo, are a strategic effort to meet the growing electricity demand in the region and surrounding areas. During…