Tanzania | Africa
Zanzibar Blue & Green Economy Transformation Fund
Deploying $65M to Establish Zanzibar as the Indian Ocean’s Seaweed Capital and Unlock $200M+ in Blue Economy Investment and Ocean Conservation
REASONS TO INVEST
Transform Zanzibar into the Indian Ocean’s leading seaweed economy by scaling production across 80+ coastal villages, to provide agricultural credit for 15,000+ seaweed farming households (80% women-led) while developing climate-resilient marine agriculture infrastructure that reduces post-harvest losses by 30%, improves value-addition through processing, and creates sustainable blue economy livelihoods for coastal communities. This investment capitalizes on the global seaweed market’s projected growth to $11.8 billion by 2030, positioning Zanzibar to capture significant market share beyond its current 0.4% while supporting Tanzania’s broader blue economy development strategy and women’s economic empowerment across the Indian Ocean region.
Current Partners
- Zanzibar Association of Seaweed Cluster Organization (ZASCO)
- Cooperative Rural Development Bank (CRDB) Bank
- NMB Bank (National Microfinance Bank)
- INUKA Guarantee Fund
- Khalifa Fund
- Trade And Development Bank (TADB)
- Minjingu Phosphate Fertilizer
Potential Partners
- Development Finance Institutions (DFIs)
- African Development Bank
- International Fund for Agricultural Development (IFAD)
- Impact Investors focused on Blue Economy & Marine Agriculture
- Indian Ocean Commission
- Islamic Development Bank
- Regional Maritime Banks
- East African Development Bank
- Private Equity focused on African Agriculture
- Corporate Impact Investors in Sustainable Food Systems
- Zanzibar Diaspora Investment Networks
- Global Alliance for Improved Nutrition (GAIN)
- Seaweed Co Ltd
- AgDevCo
- Twiga Foods
Fund Target
$65M (catalysing $200M additional public and private investments)
Fund Returns
Blended returns: 6-8% on credit guarantee schemes with 12-18% Internal rate of Return (IRR) on seaweed processing and export ventures, supported by sustainable blue economy revenue streams and premium market access
Funding Duration
4-5 years (with 3-year deployment period)
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