This region features the largest and most important montane grassland in Tanzania, making it a critical ecosystem. At the same time, the government of Tanzania has targeted this area for development as part of an agricultural corridor that will help increase Tanzania’s economy and food security.
A sustainable agricultural enterprise and proper zoning here, however, will help stabilize land use.
African Wildlife Foundation’s impact-investment subsidiary, African Wildlife Capital (AWC), provided a loan to the Rungwe Avocado Co. in Tanzania’s southern highlands, to support an environmentally sustainable growing and export project for avocados. Under the terms of the investment, and bound by AWC’s conservation covenants, Rungwe will intensify avocado production in a limited area while also engaging the agricultural services of local farmers, simultaneously increasing income to local communities and limiting agricultural sprawl.
One year after the AWC investment, more than 2,000 local farmers are directly growing avocados for Rungwe, with the goal to increase this to more than 5,000 outgrower farmers.
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