AGP Executive Report
Last update: 3 hours agoCooperative Finance: Tanzania will use next week’s SACCA Congress to promote SACCOS, which circulate more than Sh2 trillion and serve about 1.9 million people, as a source of finance for farmers, women, young people and small businesses. Economic Growth: The Bank of Tanzania reports mainland growth of 6% in the first quarter, with growth above 6% projected for the next two quarters. Private-sector credit rose by an average of 32.5% in the quarter to September, while inflation reached 4.3% in August. Avocado Exports: Earnings more than doubled to $97.2 million in 2025/26, as exports hit 52,000 tonnes—five years ahead of the 2030 target. Import Costs: Tanzania’s import bill climbed by $2.6 billion in seven months to $21.27 billion, with higher petroleum and freight costs linked to Hormuz shipping disruptions adding pressure on businesses and consumers.
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