Tanzania’s Prime Minister Urges to Boost Domestic Palm Oil Production to Fulfill the Demand
RBD Palm Oil
Tanzania
Market & Price Trends
Innovation & Technology
Sanje Lufwelo
Published Feb 28, 2023
The Tanzania Prime minister has directed the Regional Commissioners (RCs), District Commissioners (DCs), and leaders of political parties to use their platforms in promoting the cultivation of oil palm to boost its production during palm oil stakeholders including farmers, seedling producers, palm oil producers, village leaders, financial institutions leaders, district and council leaders meeting in Kigoma Region. Kigoma Region accounts for more than 80% of the palm oil produced in the country and has the potential to make Tanzania one of the world’s leading producers and exporters of palm oil due to its fertile soils and weather.
The demand for cooking oil in the country is more than 650K MT annually, while the production is estimated at only 290K MT. An amount of 360K MT equivalent to 55.4% is imported from abroad and costs the government approximately USD 200M annually. The government took deliberate steps to include the palm oil crop in the list of strategic crops, besides others like cotton, tobacco, coffee, cashew, tea, sisal, grape, and sunflower.
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