TAFICO's Role as a Strategic Engine for Blue Economy by 2050
Latest Tanzania economy news · TAFICO's Role as a Strategic Engine for Blue Economy by… explained · updated Aug 13, 2026 · economy news · GDP · investment
TLDR
- TAFICO aims to be a strategic engine for the Blue Economy in Tanzania by 2050.
- The organization plans to create jobs, generate foreign revenue, and enhance industries reliant on water resources.
- Dr. Suleiman Kiula, CEO of TAFICO, made these statements during a conference on the Blue Economy in Kizimkazi, Zanzibar on August 12, 2026.
- TAFICO is already implementing projects such as the Kilwa Masoko Fishing Port and is in the process of acquiring four additional fishing vessels.
- The organization focuses on improving the entire value chain of the fishing sector, from production to processing and value addition.