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Author: Padili Mikomangwa
Padili Mikomangwa is an environmentalist based in Tanzania. . He is passionate about helping communities be aware of critical issues cutting across, environmental economics and natural resources management. He holds a bachelors degree in Geography and Environmental Studies from University of Dar es Salaam, Tanzania.
Livestock keeping is profitable in Tanzania, especially now, when livestock rearing gathers viable potential amidst growing meat, skin and diary demands.
The sub-sector undoubtedly generates millions to serious investors, but it stands to generate billions to the entire nation, under ameliorated sectorial strategies.
On March 10, 2019, Tanzania brought to life, the Livestock Master Plan (TLMP) which allocated over $ 608 million in its realization, 64 per cent of the funding is foreseen to be fetched from the private sector and 36 per cent originating from government funding.
The TLMP is a five-year plan strictly set up to address major challenges facing the sector and transform via guiding viable investments in major profitable subsectors.
In realization of the grand plan, the government of Tanzania requested: the International Livestock Research Institute (ILRI) provided technical assistance and training to the Tanzania Ministry of Livestock and Fisheries in a project funded by …
The government of Tanzania, has carefully laid out its plans to boost the mining sector in the country.
The country is now adopting robust measures, within legal and operational lines to ensure the country gets optimum benefits from this. It has also announced plans to set up trading centers are established as well as spruce up value addition efforts.
Since Tanzania’s President John Magufuli came to power, various strategic sectors have been under heavy scrutiny and vital changes, necessary for a robust Tanzanian success story, primarily the minerals sector—a rather high-earning sector in Tanzania.
From the Acacia Mining saga to local securing sustainable small miners’ welfare, the government has immensely waged its efforts to improve mining operations and minerals trading in Tanzania, including: the erection of the Mererani wall (3 meters high, 24.5 kilometers long and worth over $2.6 million) and establishment of minerals trading centers across the country.
The cashew nut season has just kicked off in Tanzania and the cash crop prospects are considerably getting richer, not only due to past learned experience but also, the strategy put in place by the Tanzanian Ministry of Agriculture.
Cashew nut has been the most foreign currency high earning crop in Tanzania. Available data from the Ministry of Agriculture, show that cashew nut generated over $ 565 million in the previous season 2017/2018, exceeding contributions garnered from cotton, coffee, and minerals.
Tanzania is one of the vital producers of cashew nut in East Africa and the rest of the continent at large, alongside Guinea-Bissau, Nigeria, Kenya and Ivory Coast.
Further, according to a report by Fresh From Kenya, on cashew nut industry overview in Africa (2018), indicated that: in 2011, Tanzania scored 8th position on the global scale and 4th in the continent on cashew nut production output, …
Tanzania’s natural gas prices are set to be reviewed by the Ministry of Energy as the sector undergoes a major face-lift to improve taxation and revenue collectiong.
Under the leadership of President John Pombe Magufuli, Tanzania’s extractives sector has been undergoing a major overhaul to improve taxation and revenue collection within contractual agreements concomitant to the resources extracted from the country. These are measures necessary for a Tanzanian oil and gas success story.
According to Tanzania Petroleum Development Corporation (TPDC), natural gas exploration has been carried out since the 1950s, but it was in 1974 that gas discovery was made in Songo Songo Island.
The discovery made Tanzania known globally as a natural gas-rich nation in the region, which in return sparked interest for the nation to take its first steps to formalize the industry, including the birth of TPDC in 1973 and the enactment of the Petroleum (Exploration and …
Tanzanian government’s efforts to boost its economy have shown slight improvement over the past 22 months.
According to statistics, whereas inflation has remained significantly below the medium target of 5.0 per cent and lower than the respective convergence criteria for EAC and SADC of maximum 8.0 per cent and 3 to 7 per cent over the past good six years, Bank of Tanzania (BoT), monthly economic review report reveals.
With the Gross Domestic Product (GDP) at 6.6 per cent, inflation in Tanzania has been taking a rather decent fall over the past month, whereby according to the report, in August the annual headline inflation was at 3.6 per cent compared to 3.7 per cent in the previous month.
According to the report, headline, food, non-food and core annual inflation rates have been decreasing since 2016, while food inflation peaked higher from November 2016 to November 2017, then taking a fall …
Past and present poverty elimination efforts and existing potential in Tanzania
Tanzania is one of the fastest-growing economies in Africa, as credited by Africa Development Bank (AfDB). However, still most of its population lives in poverty.
This is according to World Poverty Clock, approximately 23 million people dwell in poverty in Tanzania.
Nonetheless, Tanzania has been taking poverty elimination serious over the past decade. Hence, according to the recent world bank open data, shows that, Tanzania has made concrete steps within the span of 15 years (2000 to 2015) in eliminating poverty.
Moreover, Tanzania has sustained a rather significant economical stride over the past years, its economy growing on 6 to 7 per cent a year . However, World Bank data indicated Tanzania, had 49 per cent of population living below $1.90 per day in 2011, compared to 55.1 in 2007.
On the other side of the mark, Tanzania’s Household Budget Survey (HBS)report (2018), paints a rather promising narrative, from 2007 …
Across East Africa, Tanzania is strategically positioning itself as the next Sub-Saharan powerhouse, with the potential to draw billions, revitalize its economy and strive to industrialize Tanzania.
The third Tanzania Oil and Gas Congress, went a step further to explore crucial aspects within the extractives industry, such as sectorial collaboration for successful oil and gas projects, updates on Tanzania’s projects and global market overviews and short-term demand and supply in Tanzania.
The congress brought forth strategic players from top-notch oil and gas industry spheres, who have been leveling the playing field for the past two days.
It goes without saying: Tanzania oil and gas landscape, is yet to see vital potential investments and operational improvement on domestic consumption and exportation of natural gas as well as oil exploration.
In that context, Tanzania stands to draw potential investors and elongate standing development strategies, not only via the extractive industry but mirroring …
The 3rd Oil and Gas Congress took off on 2nd October, in commercial city Dar es Salaam, drawing in vital players from the Energy arena. The 3rd congress, saw a huge number of investors and technocrats leave with key and crucial messages and new prospects in the industry, including possible missions to embark on oil-discoveries and more gas reserves in Tanzania.
International delegates from top-notch companies in the world: Total, Shell, Equinor, Dodsal and representatives from neighboring countries working with Tanzania, in strategic oil and gas projects, Kenya, Zambia and Uganda, witnessed how Tanzania, is positioning its self to be the next powerhouse in Africa.
During the congress, Tanzania’s Minister of Energy, Hon. Dr. Medard Kalemeni, revealed rather vital information, that could transform the oil and gas landscape in Tanzania.
“Tanzania has not discovered oil yet, but it is developing strategies to embark on discovering oil” the Minister added.…
Over the past decade, Tanzania’s oil and gas industry has demonstrated astonishing milestones in energy generation and consumption, demonstrating that an industrialized Tanzania might be a feasible ambition for East Africa’s fastest-growing economy.
Since Tanzania discovered natural gas in 1974, remarkable developments have been achieved. These include saving over $ 10 billion USD, used in purchasing heavy fuel oil (HFO) and other fossil fuels (diesel and petrol in particular) for industrial production and power generation.
According to the Ministry of Energy, until May 2019, the Tanzania Petroleum Development Corporation (TPDC) had collected over $ 210 million USD (from gas sales and exploration), exceeding the intended target of over $ 171 million for the fiscal year 2018/ 2019.
Currently the energy arena in Tanzania seems to be working positively. The upcoming Oil and Gas Congress (commencing on 2nd and 3rd of October), anticipates profitable sectorial merits, necessary to expanding …
Tanzania’s 3rd Oil and Gas Congress: How Magufuli is opening up Energy Investment
Tanzania plans to streamline its oil and gas industry to the world, via a robust and tailor-made, two-day congress, commencing on 2nd and 3rd of October 2019.
For a third time, Tanzania will host the Oil and Gas Congress and attract delegates from over 67 nations across the globe, including sector’s crucial players: Oman, UAE, Canada, Brazil, UK, Norway, and India.
Organized by Ocean Business Partners and CWC, via a partnership with other essential government parastatals and private sector in Tanzania, the 3rd Oil and Gas Congress stands to be an event not to be missed.
Tanzania—has been ascending in the extractives sector’s ladder quite steadily over the past decade, levitating commercial aspects in natural gas production and enhancing national content take-up across the country by building capacity with local suppliers, technocrats and consumers.
In that context, the anticipated and eye-catching congress is yet another concrete and calculated …