Achievements of TADB during the 3-Year Leadership of H.E. President Dr. Samia Suluhu Hassan

Tanzania’s sixth phase administration, led by H.E. President Dr. Samia Suluhu Hassan, continues to give top priority to agriculture as a sure means to raise the country’s GDP and standards of living, to strengthen food security, to create jobs by taking active steps to ensure timely and affordable availability of agricultural inputs and to support markets for agricultural products both locally and internationally

During her three-year tenure, President Dr. Samia Suluhu Hassan has bolstered and strengthened the Tanzania Agricultural Development Bank (TADB), making it a key institution in promoting agricultural development in the country through financial services, as follows:


TADB’s capital has been increased from TZS 60 billion to TZS 435.4 billion from 2021 to 2023/2024, representing a 625% increase this complement to the various efforts to ensure that TADB promotes economic growth in the country through agriculture by increasing the bank’s capital directly impacts the bank’s efforts to transform and revolutionize agriculture from subsistence farming to commercial agriculture

H.E. President Dr. Samia Suluhu Hassan (centre) witnesses Tanzania Agricultural Development Bank (TADB) Managing Director
Mr. Frank Nyabundege (left) and the Director of French Development Agency (AFD) Mr. Rioux Remy sign a long- term loan agreement worth 80 million Euros (TZS 210 Billion) and 1 million Euro (TZS 2.6 Billion) of technical assistance to enable TADB to catalyse financing in the agri-sector in Tanzania. The milestone agreement was signed on 11 February, 2022
in Brest, France.
  • In 2021, upon assuming office, the President provided the bank with a capital injection of TZS 208 billion, increasing the bank’s capital to TZS 268 billion.
  • In 2022, during her visit to France, President Dr. Samia Suluhu Hassan secured funding for TADB from the French Development Agency (AFD) of Euro 80 million, equivalent to TZS 210 billion.
  • For the financial year 2023/2024, the government through the African Development Bank (AfDB) has signed agreements to provide the bank with capital worth TZS 167.4 billion (equivalent to US $66 million).
  • In the financial year 2023/2024, the government through the Ministry of Livestock and Fisheries has allocated TZS 25.175 billion to TADB to implement a strategic project aimed at providing loans for modern boats, seaweed farming, and fish farming through cages.

Furthermore, through the budgetary process of the 2023/2024 fiscal year, the government has pledged to implement a plan to empower TADB with a capital of not less than TZS 1 trillion over five to ten years to enhance the efficiency of lending activities in agricultural, fisheries, and livestock value chains.


Access to financial resources, capital increase, and conducive operational environment for TADB resulting from deliberate efforts by H.E. President Dr. Samia Suluhu Hassan and her government have had positive effects on TADB by enabling the bank to reach out to many farmers, including increased lending, financial education, and the importance of agribusiness in line with government priorities in transforming the agricultural, livestock, and fisheries sectors as follows:


The bank has benefited a total of 1,066,493 farmers by providing them with agricultural loans, of which 941,738 farmers have directly benefited from loans totaling TZS 457.3 billion and 124,755 farmers have benefited from loan guarantees through the Smallholder Credit Guarantee Scheme (SCGS) totaling TZS 206.54 billion in loans disbursed across 38 value chains in 27 regions and 125 districts nationwide.

By February 2024, TADB had entered into agreements with a total of 16 commercial banks and financial institutions through the Smallholder Credit Guarantee Scheme (SCGS) to collaborate in providing loans in the agriculture, livestock, and fisheries value chains.


The availability of funds and capital for TADB has strengthened financial services and facilitated access to loans for farmers, fishermen, and livestock keepers, opening up opportunities and further developing business growth along the value chain in the livestock, agriculture, and fisheries sectors in the country, leading to the bank’s growth as follows:

  • The value of the bank’s assets has increased by 74.25% from TZS 362.8 billion in 2021 to TZS 620.2 billion in December 2023.
  • The loan portfolio has grown by 173.84% from TZS 120.8 billion in 2021 to TZS 330.8 billion in December 2023.
  • Through the support of the sixth administration, TADB has expanded its reach by opening new zonal offices from three (3) in 2021 to seven (7) by February 2024.


The bank has continued to implement various development projects involving financing for agriculture, livestock, and fisheries; providing advisory services; and capacity building for farmers and other financial institutions as follows:

  • Building a Better Tomorrow (BBT) Project: TADB has participated in the planning and implementation of the Building a Better Tomorrow for Youth Initiative by providing agricultural equipment’s to project beneficiaries and preparing to ensure that youth beneficiaries can access financial services through TADB and other partner banks. TADB’s involvement aligns with the vision of the President to create jobs for youth through agriculture.
  • Tanzania Inclusive Producer-Processor Partnership (Ti3P) Project: Ti3P is a strategic project implemented by the bank in the dairy industry in collaboration with partners (Land O’ Lakes Veture 37 and Heifer International). The project implementation has been funded by the Bill and Melinda Gates Foundation (BMGF) in partnership with TADB.

By October 31, 2023, TADB has disbursed loans worth TZS 20.25 billion to dairy processors and producers and provided grants worth TZS 257.26 million to small-scale dairy producers from 368 cooperatives that received loans from 9 cooperatives in 69,062 dairy producers (19,070 women) have received training and extension services to increase productivity and milk production levels.

Through this project, TADB has successfully mobilized 20,612 dairy producers (4,595 women) to form 888 dairy producer groups and 40 cooperative dairy producer groups that collect a total of 11,787 liters of milk per day.

Furthermore, the project has revived Liquid Nitrogen Production Machines in Mwanza and Zanzibar to ensure the availability of Artificial Insemination services for dairy farmers to obtain superior breeds of dairy cows and increase milk production.

  • Support Program for Access to Better Fishing Tools (Boats and Cages) the sixth administration through the Ministry of Livestock and Fisheries has allocated TZS 25.175 billion to TADB to implement a strategic project aimed at providing loans for modern boats, seaweed farming, and fish farming through cages.
  • Capacity building and technical assistance (TA) Programs for Financial Institutions to lend in the Agriculture Sector.

Tanzania Agricultural Development Bank Limited (TADB) is a government institution operating under the Ministry of Finance. Established in 2012, TADB is registered under the Companies Act, 2002 and licensed under the provisions of the Banking and Financial Institutions Act No. 5 of 2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012 with two main objectives:

To Contribute to the achievement of sustainable food self-sufficiency and Transformation of agriculture from subsistence to commercial, in order to effectively and sustainably contribute to economic growth and poverty reduction.