AGP Executive Report
Last update: 2 hours agoGas Sector: Tanzania’s competition regulator has blocked the proposed sale of stakes in the Songo Songo gas business to Rostam Aziz’s Taifa Gas and a partner. The deal remains in limbo as the field’s licence faces renewal. Agricultural Exports: Avocado shipments hit 52,000 tonnes in 2025/26, beating the 2030 target four years early. Export earnings rose to $97.2 million, with China among the markets. Economic Outlook: Tanzania’s economy is projected to grow above 6% in 2026. GDP rebasing puts its measured size at Sh243.3 trillion, an increase of Sh3.4 trillion. Investment: Tanzania is seeking public input on a draft investment policy as officials promote opportunities to international investors. Infrastructure: Tanga Port has cut ship waiting times to five days; auditors are also inspecting SGR projects valued at Sh35 trillion. Business Finance: East Africa Foods has secured $40 million to expand its food supply-chain infrastructure. Cooperative Banking: Coop Bank has partnered with ACCOSCA and SCCULT to support the SACCA Congress in Dar es Salaam, bringing together more than 300 delegates.
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