AGRA Commits $40 Million to Boost Tanzania's Agriculture and Livestock Sectors - LivestockTrend

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Monday 15 July 2024

AGRA Commits $40 Million to Boost Tanzania's Agriculture and Livestock Sectors

The Alliance for Green Revolution in Africa (AGRA) has pledged a significant investment of $40 million to support Tanzania's agriculture and livestock sectors under the government's Building Better Tomorrow (BBT) initiative. This investment aims to stimulate growth and development in these critical sectors, ultimately enhancing food security and creating jobs.


AGRA's strategy focuses on inclusive markets, trade, and finance to promote sustainable agriculture practices, increase productivity, and build resilience. The organization will work closely with the government and the National Seed Investment Plan to deliver sustainable technologies for future farming systems.


The collaboration aims to create a more resilient agricultural landscape, enabling Tanzania to feed its population while generating a surplus for others, contributing to both national and regional food security.


AGRA's chairman, former Ethiopian Prime Minister Hailemariam Dessalegn, emphasized the organization's commitment to supporting Tanzania's efforts in building a sustainable and stable food system. "We are committed to playing a critical role in transforming Tanzania's agricultural landscape and ensuring food security for future generations," he said.


The discussion also highlighted the importance of youth engagement in agriculture, with participants emphasizing the need to address four significant challenges hindering young people's entry into farming: limited access to land, lack of appropriate technology, inadequate financial capital, and unreliable markets.


To overcome these barriers, AGRA is working with the government and other partners to implement the Agenda 10/30 Investment Roadmap for Accelerating Agricultural Growth in Tanzania. The total cost of implementing this initiative is estimated at 33 trillion Tanzanian shillings, which will be split between the government, the private sector, and donors.


By supporting Tanzania's agriculture and livestock sectors, AGRA aims to create a more sustainable and resilient food system, ensuring a brighter future for the country's population.

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