Tanzania’s Kilombero Sugar debuts new pack to meet rising demand

TANZANIA – KILOMBERO Sugar Company Limited has introduced 5kg pack ‘Bwana Sukari pack’ of sugar in market to cater for the growing demand for prepacked sweetener aimed at increasing accessibility and ultimately penetrate wider market. […]

PE firm DOB Equity invests in Tanzanian vanilla flavour manufacturer NEI

TANZANIA – Dutch DOB Equity, a family-backed impact investment firm has invested in Natural Extracts Industries (NEI), a natural vanilla flavour manufacturer, based in Moshi, Tanzania. NEI sources green vanilla pods from small-holder farmers in […]

Tanzania Agricultural Development Bank supports agricultural initiative with US$4.9m investment

TANZANIA – State-owned Tanzania Agricultural Development Bank (TADB) has reaffirmed its commitment to increase funding for irrigation schemes by dishing out loans amounting to 11.48bn/- (US$4.9m) for various projects countrywide. The regions that have so […]

Tanzania’s cashew nuts exports earning plunge 51% amid sector restructuring plans

TANZANIA – Tanzania’s cashew nut exports earnings in the year ending September 2019 declined by 51.4% to US$563.5 million from US$1.16 billion earned in the same period in 2018, a report by the Bank of […]

Coca Cola Kwanza launches Minute Maid Delight targeting fast growing juice market

TANZANIA – The Coca-Cola Kwanza company, manufacturer and distributor of Coca-Cola products in the Tanzania, has launched Minute Maid Delight in the country, joining the Minute Maid juice family comprised of Mango, Tropical and Apple […]