WELCOME TO TACT
The Tanzania Agricultural Catalytic Trust (TACT) initiative is a long term public private partnership designed to stimulate responsible and sustainable (green growth) transformation and commercialization of agriculture in the Tanzania to ensure clear and direct benefits to smallholder farmers, livestock keepers and fishermen. TACT has been established to provide the financing mechanism to link smallholders in 1all stages of agricultural value chains.
TACT FINANCING WINDOWS
Social Venture Capital
Provide targeted finances that aim at creating new markets for smallholder producers
Facilitate reduction on the cost of doing business among producers and markets (off takers)
To partly fund the cost by providing agriculture supporting infrastructure and making it available to smallholder farmers on affordable basis.
Long term Loans
To facilitate mobilization of senior debt to partly fund infrastructure and working capital required by early stage agricultural ventures
Why TACT ?
- In some places in Tanzania, demand lacks and smallholder farmers struggle to find reliable and profitable markets for their produce
- At large the supply side is weak and smallholder farmers cannot meet the market requirements
- In most cases the cost of doing Business prevents business linkages between the market and smallholder farmers from happening
NUKUU YA RAIS WA AWAMU YA TANO DKT JOHN POMBE MAGUFULI KUHUSIANA NA TACT
Hotuba ya Raisi wa Jamhuri ya Muungano wa Tanzania Awamu ya Tano (Dkt John Magufuli) kuhusu SAGCOT Catalytic Trust Fund ( SAGCOT CTF) Ambayo sasa inaitwa Tanzania Agricultural Catalytic Trust (TACT) kwenye Uzinduzi wa Mpango wa kilimo awamu ya pili (ASDP II)
TACT MISSION AND VISION
To become a leading agricultural Trust Fund capable of catalyzing and sustaining local content in agribusiness investments
To strategically finance and empower small holder farmers to actively, commercially and profitably participate in all stages of the agribusiness value chain through investments that creates access to markets for small holder farmers produce
Pilot Project of Mobile Agriculture and Rural Development Applications for supporting Farming – As A-Business (FAAB)
The Africa Centre for Research, Agricultural Advancement, Teaching Excellence and Sustainability (CREATES) hosted at the Nelson Mandela African Institution of Science and Technology (NM-AIST) signed and MoU with the Southern Agricultural Growth Corridor of Tanzania Agricultural Catalytic Trust (TACT) to establish the use of Information Communication Technologies (ICT’s) in Agriculture development in Tanzania. The MoU was signed in February 2018 with the aim of supporting a Mobile Agricultural and Rural Development application (m-ARD apps) for the purpose of supporting Farming-as-a-Business (FAAB) in Tanzania.