Informer East Africa accepts donations to continue delivering daily news to you.

Donation Amount. Min £2

 

The Board of Directors of the African Development Bank Group (www.AfDB.org) on Friday approved $73.5 million to finance a program that will boost Tanzania’s food production by a million tonnes in three years. 

The Tanzania Agricultural Inputs Support Project, spanning September 2022-June 2025, was designed under the Bank Group’s African Emergency Food Production Facility (https://bit.ly/3OgTbX8) to tackle a potential food crisis exacerbated by the war in Ukraine. It seeks to strengthen the country’s capacity to achieve self-sufficiency in wheat and edible oil production by 2030.

This approval comprises a $2.5 million grant from the resources of the African Development Fund, the Bank Group’s concessional window, and a $71 million loan. The Bank’s contribution represents 87.3% of the project’s total cost, estimated at $84.07 million. The Tanzanian government will provide the balance of $11 million.

The funds will help strengthen the supply of improved wheat, sunflower, and rice seeds that are climate resilient; ensure fertilizer availability and affordability; and support policies that improve the regulatory environment for the rapid uptake of certified seeds and fertilizers. Overall, the program will bolster the national production of wheat, sunflower and rice to mitigate food security risks and climate-induced stresses.

The project aligns with Tanzania’s Development Plan to boost agricultural production, enhance incomes, create employment, and diversify products

“The Russia-Ukraine conflict, combined with the impacts from Covid-19, climate change, and resultant high prices for fuel and fertilizer, has an adverse impact on poverty and food insecurity. Increases in the cost of edible oils, rice and wheat will affect all households, but hit the poorest most severely,” said Nnenna Nwabufo, the Bank’s Director General for East Africa.

Tanzania imports more than 90% of its wheat, 67% of which comes from Russia and Ukraine, 47% of vegetable oils from the two countries, and about 25% of fertilizer from Russia.

Recent estimates show that the combined food, fuel, and fertilizer shocks will lead to an additional 1.2 million people falling below the poverty line. The fertilizer shock is most detrimental for poorer rural households, which rely more heavily on agriculture for their income and spend a larger share of their income on food.

The projected additional production will directly benefit 1.2 million households. Other beneficiaries will include 1,000 small and medium-scale seed producers and agro-dealers and 10,000 unemployed young women and men through jobs in the wheat, sunflower and fertilizer value chains.

Under the project, land under wheat production will increase from 100,000 ha to 400,000 ha by 2025. Yields of wheat, sunflower and rice will double through the use of improved climate-resilient seeds.

Tanzania’s Minister of Agriculture, Hussein Bashe, said the project aligns with Tanzania’s Development Plan to boost agricultural production, enhance incomes, create employment, and diversify products. 

Approved by the Bank Group’s Board of Directors on 20 May, the African Emergency Food Production Facility (https://bit.ly/3RF137L) will provide 20 million African smallholder farmers with certified seeds and increase access to agricultural fertilizers and enable them to rapidly produce 38 million tons of food. This will result in a $12 billion increase in food production in just two years. Distributed by APO Group on behalf of African Development Bank Group (AfDB).

 

About IEA Media Ltd

Informer East Africa is a UK based diaspora Newspaper. It is a unique platform connecting East Africans at home and abroad through news dissemination. It is a forum to learn together, grow together and get entertained at the same time.

To advertise events or products, get in touch by info [at] informereastafrica [dot] com or call +447957636854.
If you have an issue or a story, get in touch with the editor through editor[at] informereastafrica [dot] com or call +447886544135.

We also accept donations from our supporters. Please click on "donate". Your donations will go along way in supporting the newspaper.

Get in touch

Our Offices

London, UK
+44 7886 544135
editor (@) informereastafrica.com
Slough, UK
+44 7957 636854
info (@) informereastafrica.com

Latest News

US, African partners prepare for start of exercise Justified Accord 2024

US, African partners...

Justified Accord 2024 is U.S. Africa Command's largest exercise in East Africa, running from Februar...

Tanzania set to host Commonwealth Law Ministers Meeting on justice for all

Tanzania set to host...

The United Republic of Tanzania is all set to welcome ministers and attorneys-general to the Commonw...

Fossil Fuels Drive Both The Plastics And Climate Crises & Need An International Framework To Phase Them Out

Fossil Fuels Drive B...

On the opening day of the 6th session of the United Nations Environment Assembly (UNEA-6) meeting,...

Rwanda Space Agency and POLSA Strengthen Partnership Ties

Rwanda Space Agency...

Col. Ngabo and Prof. Grzegorz Wrochna. Credit: Rwanda Space Agency Ibadan, 27 February 2024. – The...

For Advertisement

Big Reach

Informer East Africa is one platform for all people. It is a platform where you find so many professionals under one umbrella serving the African communities together.

Very Flexible

We exist to inform you, hear from you and connect you with what is happening around you. We do this professionally and timely as we endeavour to capture all that you should never miss. Informer East Africa is simply news for right now and the future.

Quality News

We only bring to you news that is verified, checked and follows strict journalistic guidelines and standards. We believe in 1. Objective coverage, 2. Impartiality and 3. Fair play.

Banner & Video Ads

A banner & video advertisement from our sponsors will show up every once in a while. It keeps us and our writers coffee replenished.