AGP Executive Report
Last update: 10 hours agoPublic-Sector Returns: Parliament is demanding stronger oversight of state-owned enterprises after public investment rose 20.3% to Sh92.27 trillion in three years, while returns grew just 2%. AI Investment: Korea Eximbank has signed a $170 million loan to establish Tanzania’s first AI and digital technology training institute, with courses in AI, robotics and data analytics. Agribusiness: Horticulture generates 38% of Tanzania’s foreign-exchange earnings and employs 6.5 million people; produce value rose 14% to Sh403 billion in 2023/24. Industrial Growth: The government has launched new industrial and SME policies, urging public institutions to prioritise locally made goods to support factories and jobs. Energy Costs: Fuel prices have risen nationwide, with Dar es Salaam diesel up Sh42 to Sh4,128 a litre. Tanzania aims to lift power generation capacity to 15,000 MW by 2031. Trade Links: DP World plans a weekly China–Africa shipping service from late November, connecting Dar es Salaam with Chinese ports and Maputo.
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