...

Tanzania

How Agriculture is the Best Investment for Creating Generational Wealth

When most people think about agriculture, their minds often drift to vast fields of crops like wheat, corn, or vegetables. However, there’s another form of agriculture that offers even greater potential for long-term income: perennial crops. Perennial crops are plants that live for more than two years and continue to produce yield season after season without the need for replanting. Unlike annual crops, which must be sown and harvested each year, perennials, such as fruit trees, provide investors with a reliable and consistent source of income over many years. This unique characteristic makes perennial crops a particularly attractive option for those [...]

War in Ukraine Pushes Food Prices to Record High: FAO

The surge in food prices accelerated after the Russian invasion of Ukraine in late February. Russia and Ukraine are major exporters of wheat and corn. Global food prices have hit record levels in the wake of the Ukraine war, the latest data from the Food and Agriculture Organization shows, raising concerns over food security and the conflict's impact on vulnerable populations across the world. The U.N.'s food price index rose to 159.3 in March, up 17.9 points, or 13%, from February and jumped 34% from a year ago. The index measures the monthly change in international prices for a basket of [...]

Plantations International Joins United Nations Global Compact

The Plantations International Group of Companies is very pleased to announce that is been accepted into the prestigious United Nations Global Compact. Plantations International pledges to support the Ten Principles of the United Nations Global Compact on human rights, labour, environment, and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our group, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Plantations International has [...]

Airport upgrades in Tanzania Increase Fresh Produce Exports

Storage facilities at the Julius Nyerere International Airport have been upgraded in a move meant to bolster Tanzania’s fresh produce exports as international demand burgeons. The move was also meant to abide by the International Civil Aviation Organisation (ICAO) that requires clear separation of the import and export cargo terminals. The expansion that was spearheaded by Swissport Tanzania is one of the many expansions that the airport authorities are looking at to increase growing demand for meat, fish and horticultural produce. “The export cold-room facility has been modified whereby the new arrangement will now allow scanning /screening directly into the acceptance [...]