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The Southern Agricultural Growth Corridor of Tanzania (SAGCOT) is an agricultural partnership designed to improve agricultural productivity, food security and livelihoods in Tanzania. It was initiated at the World Economic Forum Africa summit in May 2010, following which the SAGCOT Investment Blueprint was launched nationally by Prime Minister Pinda in Dar es Salaam and internationally by H.E. President Kikwete at the 2011 World Economic Forum in Davos. The Investment Blueprint showcases investment opportunities in the Corridor and lays out a framework of institutions and activities required to reap the development potential.
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Displaying 26 - 26 of 26Southern Agricultural Growth Corridor of Tanzania
Building on Tanzania’s Kilimo Kwanza (‘Agriculture First’ strategy), the SAGCOT Investment Blueprint describes how $2.1 billion of private investment will be catalysed over a twenty year period, alongside public sector grants and loans of $1.3 billion. The result will be a tripling of the area’s agricultural output. Approximately 350,000 hectares will be brought into profitable production, much of it farmed by smallholder farmers, and with a significant area under irrigation.