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Investment Target of 100 Billion USD for Livestock Sector

Latest Tanzania agriculture news · Investment Target of 100 Billion USD for Livestock Sect… explained · updated Aug 21, 2026 · agriculture news · farmers · crops

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TLDR

  • The Tanzanian government aims to attract 100 billion USD in investment for the livestock sector.
  • Minister for Livestock Development and Fisheries, Dr. Bashiru Ally, made the announcement during the launch of the Kagera Branch of the Cooperative Bank Tanzania in Bukoba Municipality.
  • Currently, the livestock sector contributes 30% to domestic agricultural production but only 7.6% to the national GDP.
  • The government is encouraging local and foreign capital to improve the sector, which is currently underperforming.
  • The investment initiative aligns with the Tanzania Development Vision 2050, which aims for a one-trillion-dollar economy.

Latest news excerpts & sources: Investment Target of 100 Billion USD for Livestock Sect…

dailynews.co.tzRead more

The Ministry of Livestock and Fisheries is expected to contribute 100 billion Us dollars toward that goal.

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