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NEWS
By ROSEMARY MIRONDO Special Correspondent
Posted Saturday, August 25 2012 at 18:23
IN SUMMARY
Tanzania will receive Tsh1.4trillion ($897 million) grant from eight countries under the new alliance to bolster agriculture and food security in Africa.
The funds will be used in the Southern zone, Rukwa, Ruvuma, Iringa, Mbeya and Coast, Morogoro, regions.
The Minister for Agriculture and Food Security Christopher Chiza said the funds will go towards improving infrastructure, electricity supply and supporting agriculture development.
"The funds will be directed towards boosting projects to produce rice, maize and cane with the aim of increasing sugar and ethanol," he said.
The Southern Zone is among agriculture rich areas in the country and the funds are likely to assure continuous food security.
Mr Chiza said the US made the largest single pledge of Tsh497.7billion ($315million). Other pledges were made by Britain, France, Germany, Japan and the European Union.
According to the minister, the countries pledged to support Tanzania following the launch of the Tanzania Agriculture and Food Security Investment Plan and the Southern Agricultural Growth Corridor of Tanzania (Saggot).
RELATED STORIES
The programme is designed to help Tanzania increase food supply, household incomes and promote better access to and utilisation of food in order to achieve meaningful nutritional gains through forging a strategic partnership with the private sector.
"The government is committed to modernisation of infrastructure in order to boost and commercialise agriculture," said the minister.
He said successful implementation of Saggot would ensure food security for Tanzania and the rest of Africa, as well as reducing rural poverty through increased smallholder earnings and alternative income from employment.
"Some 420,000 new employment opportunities would be created in the agricultural value chain and 2.3 million people in the Southern Corridor could be lifted out of poverty," he said.
By ROSEMARY MIRONDO Special Correspondent
Posted Saturday, August 25 2012 at 18:23
IN SUMMARY
- The funds will be used in the Southern zone, Rukwa, Ruvuma, Iringa, Mbeya and Coast, Morogoro, regions.
- The Minister for Agriculture and Food Security Christopher Chiza said the funds will go towards improving infrastructure, electricity supply and supporting agriculture development.
- Mr Chiza said the US made the largest single pledge of Tsh497.7billion ($315million). Other pledges were made by Britain, France, Germany, Japan and the European Union.
Tanzania will receive Tsh1.4trillion ($897 million) grant from eight countries under the new alliance to bolster agriculture and food security in Africa.
The funds will be used in the Southern zone, Rukwa, Ruvuma, Iringa, Mbeya and Coast, Morogoro, regions.
The Minister for Agriculture and Food Security Christopher Chiza said the funds will go towards improving infrastructure, electricity supply and supporting agriculture development.
"The funds will be directed towards boosting projects to produce rice, maize and cane with the aim of increasing sugar and ethanol," he said.
The Southern Zone is among agriculture rich areas in the country and the funds are likely to assure continuous food security.
Mr Chiza said the US made the largest single pledge of Tsh497.7billion ($315million). Other pledges were made by Britain, France, Germany, Japan and the European Union.
According to the minister, the countries pledged to support Tanzania following the launch of the Tanzania Agriculture and Food Security Investment Plan and the Southern Agricultural Growth Corridor of Tanzania (Saggot).
RELATED STORIES
The programme is designed to help Tanzania increase food supply, household incomes and promote better access to and utilisation of food in order to achieve meaningful nutritional gains through forging a strategic partnership with the private sector.
"The government is committed to modernisation of infrastructure in order to boost and commercialise agriculture," said the minister.
He said successful implementation of Saggot would ensure food security for Tanzania and the rest of Africa, as well as reducing rural poverty through increased smallholder earnings and alternative income from employment.
"Some 420,000 new employment opportunities would be created in the agricultural value chain and 2.3 million people in the Southern Corridor could be lifted out of poverty," he said.
