The Solar Water Pumps Market in Tanzania: Growth, Trends, and Opportunities.

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The market size for solar pumps in Tanzania is estimated to be USD 25 million. Solar water pumps are a lucrative market with a payback period of 4-6 years.

The low productivity in Tanzania’s agriculture sector and the shift toward renewable energy are expected to positively impact the solar water pump market.

The other trend is the government’s willingness and international investors to invest more in agriculture. For example, the Tanzania government has signed an agreement with the World Bank for a grant amounting to USD 4.5 million, which is set to help provide water to citizens.

This is evident that the solar water pumps market presents opportunities to manufacture, distribute and install affordable ones.

Hussein Boffu runs a consultancy provides business planning, financial forecasts, market research reports, expert analysis and consulting for entrepreneurs and business owners. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.