Tanzania, May 10 -- Songwe. Smiles and renewed hope are emerging among sesame farmers in Momba District, Songwe Region, following the successful completion of the district's first sesame auction conducted through a digital trading system.

During the auction, a total of 928 tonnes of sesame were presented to the market and all were sold, with no stock remaining in storage. Farmers also welcomed the prices offered, with the highest price reaching Sh2,740 and the lowest Sh2,655, resulting in an average price of Sh2,714.90 per kilogramme.

A senior officer with the Tanzania Mercantile Exchange (TMX), Ms Justa Martini, said more than 10 companies participated in the auction, creating strong competition for the crop.

She said the results indi...