In the first phase, the company will invest in a vegetable oil complex with a processing capacity of 1,100 tonnes per day.
New research says Tanzania should match fertilizer subsidies with stronger investment in irrigation, research and improved seeds to support lasting agricultural growth.
The Farmer Field Day connected farmers with improved technologies, quality inputs and new business opportunities ahead of the next planting season.
The equipment is destined for a cereal storage facility in Bandari, Tanzania, and SACE, the export credit agency owned by Italy’s finance ministry, insured the transaction through a tool it calls Supplier Credit.
Advocates say traditional seed varieties can strengthen food security, cut production costs and help farmers cope with climate pressures.