Increased palm oil farming to reduce cooking oil prices in Tanzania

게시됨 2023년 3월 7일

Tridge 요약

Tanzania is planning to end its reliance on imported cooking oil by boosting domestic production. The government is directing local leaders to promote crop cultivation and has set aside 10 billion Tshs for palm oil production. The country currently imports 70% of its cooking oil demand, spending 470bn/- annually. The Tanzania Private Sector Foundation has identified poor farming technologies as a hindrance to local production. The government aims to transform palm and sunflower cultivation to ensure self-sufficiency and save foreign currency.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Currently, Tanzania is a net importer of around 400,000 tonnes of palm oil from Malaysia. The annual cooking oil demand is estimated at 600,000 tonnes. Under the move, the government has directed district and regional authorities and other leaders of political parties to use their platforms to spearhead the exercise so as to boost the production of crop to halt the importation of edible oil in the country. The initiative also reinforces the engagements of palm oil stakeholders such as seedling producers, village leaders, financial institutions leaders, council leaders mostly in Kigoma Region which leads in palm cultivation. Tanzania has for years been grappling with perennial shortage of cooking oil, thus sending a fluctuation of prices to go up in the local market whose great share is being dominated by imports at 70 percent level. Data show Tanzania is spending a total of 500bn/- annually to import cooking oil. Despite being the leading among the EAC countries, it is very ...

출처: IPPMedia