How new edible oil strategy aims to lower Sh500.6 billion import bill
Tanzania, July 31 -- Dodoma. The government yesterday unveiled an ambitious 10-year strategy aimed at ending Tanzania's heavy reliance on imported edible oil, a move expected to save about $200 million (Sh500.6 billion) in foreign exchange annually.
The National Edible Oil Strategy (NEOS), whose content was unveiled during a high-level Edible Oil Investment Forum in Dodoma, seeks to transform Tanzania from a major edible oil importer into a self-sufficient producer and net exporter by 2035.
The strategy comes as the country grapples with a widening gap between domestic edible oil demand and local production.
According to 2025 estimates, Tanzania requires about 732,000 tonnes of edible oil annually.
However, local production fluctuates...
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