The Southern Agricultural Growth Corridor (SAGCOT) is an international public private partnership that aims to transform agriculture in Tanzania’s Southern Corridor Partners include local and international companies, farmers, development partners, Civil Society Organizations (CSOs) and the Tanzanian Government. By 2030, the partnership aims to attract USD 3.2 billion of investments, transforming 350,000 hectares of arable land into profitable production and lifting 10,000 small scale farmers into commercial farming. It aims to create 420,000 new job opportunities while generating US$ 1.2 billion in annual revenue by 2030.
The impact will be a tripling of the area’s agricultural output and income improvement for millions of Tanzanians. The SAGCOT Centre Ltd works as a broker and catalyst of partnerships among registered partner organizations to incubate initiatives around inclusive, sustainable, and viable agricultural value chains that engage with smallholder farmers.
On 30 September 2014, the Government of the United Republic of Tanzania and Six Development Partners, United States Agency for International Development (USAID), Department for International Development (DFID), The World Bank, The Royal Norwegian Embassy, European Union Delegation, United Nations Development Programme (UNDP) Tanzania have signed a joint financing and cooperation arrangement which ensures that all funding for the SAGCOT Centre Ltd contributes towards the common
objective of transforming agriculture in Tanzania’s Southern Growth Corridor.
In September 2015, the first on-the-ground infrastructure project within the framework of the SAGCOT public-private partnership was launched, namely a $25 million fertiliser terminal by Yaya International ASA.
Specific project investment opportunities and additional information are available on the following sectors:
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