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Possible cooking oil shortages in Tanzania. Dar es Salaam ¡ª Tanzania imports nearly 50 per cent of its edible oil despite the potential the country has in produce some oilseeds. The nation grows groundnuts, sunflower, sesame, cotton and palm oil but the country’s edible oil is dominated by imported palm oil.
How much does Tanzania spend on importing cooking oil?
Tanzania spends around $80 million per year on importing assorted cooking oil brands from countries such as Malaysia and Indonesia, as well as from some neighbouring countries. The forces of demand and supply have been sending prices up and down in the local market dominated by imports.
Can smallholder farmers grow sunflowers in Tanzania?
In addition, given that there are 1 million smallholder farmers in Tanzania who grow sunflowers, this segment can plug into existing in-country capabilities and infrastructure attractiveness. The team analyzed each opportunity by looking at the predicted revenues, costs, investment required and level of interest from investors.