Tanzania seeks  to tap capital markets to boost agricultural productivity

DAR ES SALAAM: THE Tanzanian government is moving to tap capital markets to ease financing constraints in the agriculture sector, in a push to raise productivity and competitiveness.

The Minister for Agriculture, Daniel Chongolo, revealed this when he held talks with the Chief Executive Officer of the Dar es Salaam Stock Exchange (DSE), Peter Nalitolela, in Dodoma recently.

Their meeting focused on opportunities to link agriculture with capital markets, including how farmers and agribusiness investors can access financing through market-based instruments.

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Additionally, they both underscored the role of the stock market in mobilising long-term capital, adding that increased investment would support value addition, lower production costs, and improve returns for farmers.

They said stronger financing mechanisms would enable farmers to benefit more from their activities while driving sustainable national development.

The move is part of broader government efforts to transform agriculture into a key engine of economic growth and job creation.