Tanzania Agriculture Overview slide image

Tanzania Agriculture Overview

Climate-Smart Sunflower Investment Why Sunflower? Unavailability of high-quality seeds. Unaffordability of high-quality seeds by farmers. Inadequate storage facilities for year-round production of processing facilities. Inadequate processing facilities for high quality Sunflower products. Sunflower investments enhance rural livelihoods by creating job opportunities for youth and women in rural areas. Investment Pillars Investment (USD) NPV (USD) IRR (%) Seed multiplication: Storage facilities: 1,083,618.49 56,185.92 9.27% 5,443,307.69 440,248.30 10.11% Refinery facilities: 45,553,388.63 3,605,977.54 10.08% Value Chain Support Irrigation technologies: Village and Farmer Support Extension services: Government of URT Government of URT TOTAL REQUIRED INVESTMENT: USD $52.08m • Impacts Create sustainable income sources for Sunflower farmers and supply chain stakeholders (per capital $ 1,070 USD). Reducing annual Sunflower oil imports and availability in local market. Reduce import dependence. Increase full time and part time jobs creation to women and youth (17,790 jobs). Climate-Smart production and processing widely used (including renewable energy). • FIAT PANIS Food and Agriculture Organization of the United Nations Hand-in-Hand Initiative Market High national demand for edible oil and Sunflower. Sunflower oil is among the high substitute agricultural commodity imported in Tanzania annually. Competitive local pricing for Sunflower oil with high demand attributed to its nutritional value. Investment locations Honiara (Manyara region and nearby regions including at the Capital city of Dodoma). • Risk and Mitigation Risk: Weather variation and climate change impact. Mitigation: Investment in irrigation and water use efficient technologies. Risk: Limited access and affordability of high-quality seed. Mitigation: Contract farming to ensure consistent availability at affordable price. Risk: Inadequate extension services to producers Mitigation: Extension service provision to identified producers.
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