DAR ES SALAAM, Nov. 27 -- MOHAMMED Enterprises Tanzania Limited (MeTL) has secured 24.6 million US dollars (61.15bn/-) senior corporate loan from the African Development Bank Group to revitalise and expand the countrys agro-industrial production.

The Bank said in a statement recently that the project will rehabilitate ageing tea estates, convert more than 1,000 hectares into organic plantations and upgrade processing factories to double production capacity.

“It will also establish at least 15,000 hectares of sisal plantations and a new 200-hectare macadamia plantation, while strengthening rural infrastructure, providing modern machinery and enhancing value chains that connect smallholder farmers to regional and global markets,R...