TANZANIA – The United Nations Industrial Development Organization (UNIDO) and the Tanzania Development Bank (TIB) are set to award a significant grant of US$899,000 to support entrepreneurial initiatives in the country’s bioenergy sub-sector.
At a well-attended event featuring a dummy cheque presentation in Tanzania’s business hub, Dar es Salaam, the organizers launched a stakeholder capacity-building workshop which focused on ‘Bioenergy and Bioethanol.’
The workshop attracted around 70 participants encompassing government officials, private sector leaders, development partners, and prospective beneficiaries.
It marks the commencement of a comprehensive program aimed at fostering a sustainable bioenergy market in Tanzania.
According to the UNIDO, the grant will focus on agro-waste to energy and promoting bioethanol as an alternative cooking fuel.
A statement issued by UNIDO’s Representative Office in Dar es Salaam stated that: “This initiative aligns with the country’s laden Nationally Determined Contributions (INDCs) and is supported by a consortium of partners, including the Ministry of Energy, the Vice President’s Office-Division of Environment, the EU GEF UNCDF, and others.”
TIB Development Bank, in collaboration with the Rural Energy Agency (REA) and UNIDO, has reviewed several applications for the Bioenergy Incentive Fund (BIF), resulting in the selection of various enterprises for the grant.
Recipients, including Bagamoyo Sugar Limited, Consumer’s Choice Limited, Multiplex System, TPC, Zanzibar Sugar Limited, Manyara Sugar Limited, IV Biotech Limited, Sundy Merchants, Hanny G. Investment for the amounts allocated to them through TIB Development Bank will receive their awards during the upcoming workshop.
This grant and workshop endeavor to empower Tanzanian entrepreneurs, create awareness them of the BIF, and bolster the bioenergy industry, ensuring a sustainable and economically beneficial energy future for the nation.
Speaking after dummy check presentation to the seven eligible local companies, TIB’s Director of Planning and Development, Mr. Joseph Chilambo said the reason to support such a project is to reduce carbon emissions to protect the environment.
On his part, UNIDO’s coordinator of clean energy and environment said the collaboration between the UN’s agency, TIB, European Union and the government through the Ministry of Energy is geared to support the initiatives which aim at protecting the environment.
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