Farming of palm trees in Tanzania will intensify as the Government plans to halt the importation of edible oil. The East African country’s palm oil production had attracted the attention of investors who looked to improve the sector, following its business opportunity yet held their horses in counting the risk of their investments. No doubt should they relook to invest; it could catalyze the economic development of the nation.
Kigoma region in Tanzania has been resilience in this farming. A number of strategies have been put in place to enhance more production of palm oil. The Government has promised to help the farmers with palm oil seeds, which has become a priority in the agricultural sector. The farmers have been cultivating the crop early in the 1920s as it continues to gain popularity.
The private sector has been on the forefront to increase the production of the crop since 2017. Their presence in the country’s economy has seen significant growth of the GDP with financial institutions collaborating with the sector to improve business. The Private Agricultural Sector Support (PASS) imported over 60,000 palm tree seeds to be distributed to the growers by the end of the year 2017.
Tanzania could use the avenue to steer the country to industrialization, as the Government has shown interest in the agrofuel business. Should the country be a palm oil producing country in the future, the opportunity will be a source of income for many more citizens. Biofuel investments should open doors for the country to have more investors to support the cash crop.
It would be unrealistic to compare Tanzania with Malaysia on the same grounds, despite both having similar weather conditions to support palm trees growing. The former imports most of its edible oil from Malaysia, accounting for almost 50 per cent. Since palm trees cultivation is done in a small-scale in Tanzania, more hectares of land could increase the production.