The Latest

Tanzania Allocate EUR 147 M for Low-Interest Loans in Agriculture

February 8, 2021
1 minute read
Tanzania Agriculture Loan EU 2021

The Tanzania Private Sector Foundation (TPSF) informs its members and the private sector in general of the new opportunity to obtain low-interest loans for value-addition projects in agricultural and forest products.

The program targets EUR 147 million in loans provided by European Union (EU) sponsorship.

The implementation of the plan is divided into three main areas: the first part has been allocated EUR 50 million and focuses on capacity building of farmers to enable value addition in agricultural and forest products.

TanzaniaInvest Whatsapp Channel

The second part has also been allocated EUR 50 million for investments.

The third phase has also been allocated EUR 46.75 million to combat the impact of the COVID-19 pandemic.

Contact TPSF for further details and the procedure for applying for the loans.

RELATED:  EU and EIB Commit €365 Million to Boost Tanzanian SMEs, Women Entrepreneurs, and Blue Economy
Tweet
Share
Share
Share
Related Posts
Tanzania Real GDP Growth 2020-2024(Jan-Sep)
Read More

Mainland Tanzania’s Economy Grows 5.6% in Jan-Sep 2024, Led by Agriculture, Projected 6% in 2025, Zanzibar at 7%, Projected Over 6% in 2025, Inflation at 3.1%, Exports Reach USD 16.1 Billion

Tanzania’s economy grew 5.6% in Jan-Sep 2024, with full-year growth estimated at 5.6%. Zanzibar expanded 7%, with projections over 6% in 2025. Inflation remained stable at 3.1%, while exports surged to USD 16.1 billion, led by tourism, gold, and agriculture. Cashew nut procurement reached a five-year high due to the new online auction system.
Tanzania Japan Two Step Loan for agriculture signing
Read More

Tanzania and Japan Sign ¥22.7 Billion Two Step Loan Agreement to Boost Agriculture

On 14th January 2025, Tanzania and Japan signed a ¥22.7 billion Two Step Loan agreement in Dar es Salaam. The project aims to provide medium- and long-term financing to farmers, farming groups, and agricultural companies. It will be executed by the Tanzania Agricultural Development Bank (TADB) with oversight by JICA, focusing on agricultural productivity, food security, and climate-resilient farming.