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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.

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