Soybean farming receives $4.8 million investment boost

Private Agricultural Sector Support (PASS) Trust Managing Director Yohane Kaduma (left) and Head of Cooperation at the Royal Norwegian Embassy Kjetil Schie display documents after signing financing agreement for soybean project. PHOTO | COURTESY


Dar es Salaam. Tanzania’s soybean  sub-sector has received a boost following the signing of a $4.8 million financing agreement that seeks to improve productivity, market access and rural incomes.

The agreement signed between the Private Agricultural Sector Support (PASS) Trust and the Royal Norwegian Embassy intends to revitalise soybean farming through a three-year initiative called Soybean Value Chain Support Project.