TOPIC(S): Pork/Swine/Pig/Hog, AgriBusiness,
JAMES MSASA JAMES MSASA
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Topics: Markets/Pricing, Ag Africa,

INVESTMENT OPPORTUNITIES IN TANZANIA.

Tanzania

Following two decades of sustained growth, Tanzania reached an important milestone in July 2020, when it formally graduated from low-income country to lower-middle-income country status. Tanzania’s achievement reflects sustained macroeconomic stability that has supported growth, in addition to the country’s rich natural endowments and strategic geographic position. Economic activity in Tanzania gradually recovering in the third quarter of 2021, with the surge mainly driven by the hospitality, mining, and electricity sectors. Leading indicators such as cement production, electricity generation, private-sector credit, goods and services exports, nonfuel goods imports, telecommunications, mobility, and tourist arrivals all improved in 2021, though activity in most sectors remains below pre-pandemic levels. Based on preliminary findings from recent telephone surveys, there are positive signs with employment among heads of households returning to its January 2020 levels in mid-2021. The World Bank estimates a real GDP growth rate of 4.3 percent and a GDP per capita growth rate of 1.3 percent in 2021, following a 1.0 percent per capita GDP contraction in 2020. Meanwhile, the national poverty rate is estimated to have declined marginally from 27.1 percent in 2020 to 27.0 percent in 2021, driven by the recovery of employment and nonfarm business revenue. Official GDP data for Zanzibar shows expansion during the first half of 2021 but with uneven growth rates across sectors. The services sector, accounting for nearly 50 percent of Zanzibar’s GDP, expanded by 9.4 percent in the first half of 2021, while the agriculture sector expanded more slowly at 7.1 percent, and the industrial sector contracted by 8.7 percent. An estimated 60,000 jobs are directly or indirectly linked to Zanzibar’s tourism sector. Between January and September 2021, the number of tourist arrivals increased to 252,937, albeit still well below the 376,732 recorded during the same period in 2019. Nevertheless, rising tourist arrivals supported the...

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Nancy Kavazanjian Nancy Kavazanjian
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Topics: Soil Health, Ag Podcast US,
Nancy Kavazanjian Nancy Kavazanjian
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Topics: Livestock/Meat, Lamb/Sheep, Beef Cattle, Pork/Swine/Pig/Hog,
Nancy Kavazanjian Nancy Kavazanjian
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Topics: AgriBusiness,

Corteva Agriscience Signs Agreement to Acquire Stoller Group, the Largest Independent Biologicals Company in the Industry

Corteva Agriscience Signs Agreement to Acquire Stoller Group, One of the Largest Independent Biologicals Company in the Industry   Stoller Brings Global Sales of +$400 Million and Presence in Over 60 Countries Reinforces Commitment to Driving Value for Farmers through Innovative, Sustainable Solutions Corteva’s Second Biologicals Transaction Since Completion of Strategic Portfolio Reviews   INDIANAPOLIS […]

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Nancy Kavazanjian Nancy Kavazanjian
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Topics: Corn/Maize,
Nancy Kavazanjian Nancy Kavazanjian
shared this article 2 years ago
Topics: Livestock/Meat, Pork/Swine/Pig/Hog, AgriBusiness,

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Matt Brechwald is the world's most prolific agricultural podcaster. Consistently podcasting since 2014 Matt has hosted well over 1,000 podcasts about agriculture and conducted hundreds of radio interviews as well. From his farm in Kuna, Idaho, Matt has developed the term "Off-Farm Income" into a multi-national brand.