AGP Executive Report
Last update: 3 hours agoGrowth: Tanzania’s economy expanded 6% in the first quarter, with growth projected above 6% in the next two quarters, the central bank says. Private-sector credit grew 32.5%, while inflation remained within the 3–5% target. Agriculture: Avocado exports earned $97.2 million in 2025/26, more than double five years earlier; shipments reached 52,000 tonnes, beating the 2030 target ahead of schedule. Energy Costs: Hormuz disruption has added $2.6 billion to Tanzania’s import bill in seven months, while oil marketers warn fuel prices may stay high into early 2027. Gas Supply: The Songo Songo licence expires on October 10, but approvals for its proposed sale remain outstanding, putting the transition of a key gas asset in focus. Blue Economy: Tanzania is seeking investment in processing, technology and finance to capture more value from fisheries, aquaculture and marine tourism. Food Trade: East Africa Foods has completed a roughly $40 million raise to expand supply-chain infrastructure in Kenya and Tanzania, targeting post-harvest losses and better market access for farmers.
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