TADB will receive $66 million loan for the equity enhancement from AFDB
We are thrilled that the African Development Bank Group Group’s Board of Directors has approved a $66 million loan equivalent to TZS 165 billion to the government of Tanzania as additional equity to our bank, Tanzania Agricultural Development Bank (TADB). Expressing his appreciation, TADB Managing Director Mr. @Frank Nyabundege commended the Government efforts in enabling...
Prime Minister Majaliwa Congratulates TADB
Prime Minister of the United Republic of Tanzania Hon. Kassim Majaliwa (Mb) has congratulated TADB for a job well done, and emphasized on more effort in improving agricultural sector. Prime Minister Majaliwa has congratulated the Tanzania Agricultural Development Bank (TADB) for its contribution in providing low interest loans and thus helping to improve the lives...
TADB awards best SUA graduates
Following the strategic plan of the Agricultural Development Bank of Tanzania that was recently launched, TADB has participated in a special convocation of the Sokoine University of Agriculture to congratulate students and lecturers for various academic achievements achieved in 2023. TADB participated and awarded ten best graduate students in the assembly where the guest of...
TADB posts 4.88 billion pre-tax profit in Q3
Dar es Salaam – Tuesday, November 7th, 2023. Tanzania Agricultural Development Bank (TADB) achieved an impressive financial performance during the third quarter of this year after posting a pre-tax profit amounting to TZS 4.88 billion, an increase of 28 percent, compared to TZS 3.81 billion recorded in the same period in 2022. TADB Finance Director...
Tanzania Agricultural Development Bank in collaboration with the Ministry of Livestock and Fisheries has handed over fourteen modern fibre fishing boats worth 1.2bn/- to fishermen in Tanga Region.
Speaking in the handover event Hon. Abdallah Ulega Minister of the Ministry of the Livestock and Fisheries has congratulated TADB for the job well done. Minister Ulega has said that the intention to provide loans boats with 0% interest is the government’s effort to strengthen the fishing industry in the country. He said that He.Dkt....
TADB Launches Five Years Mid – Term Strategy (2023 -2027) and New Financial Products
Tanzania Agricultural Development Bank (TADB) has launched its Five-Year Mid – Term Strategic Plan (2023-2027) along with new financial products to improve agriculture lending in the country at the Dar es Salaam Julius Nyerere International Convention Centre (JNICC). The five-year strategic plan launched will focus on five thematic areas. These includes: Catalysing financing to agriculture,...
TADB and Self-Microfinance Fund (SELF MF) sign 6bn/- guarantee agreement to boost agri-business in the country
TADB through its Small Smallholder Credit Guarantee Scheme (SCGS) has entered into a key partnership with SELF Microfinance Fund (SELF MF) that aims to disburse a whopping TZS 6 billion to empower thousands of small-holder farmers across the country through low-interest loans, so as to grow their businesses and bring out rapid transformation in the agricultural, livestock...
TADB at 2023 International Agricultural Show “Nane Nane” at John Mwakangale grounds Mbeya
The Farmers Bank TADB joins all farmers in marking the farmers season and celebrates together in Mbeya from 1- 8 August at John Mwakangale grounds TADB Managing Director Frank Nyabundege being briefed Elisante Richard from Eat Fresh TADB beneficiaries who showcased their products at the TADB Pavilion at the International Trade Show “Nane Nane” John...
For the first time – TADB Participates International Agricultural Show ‘Nane Nane’ in Zanzibar
The International Agricultural show hosted in Zanzibar at Dole Kizimbani grounds from 1 – 9 August 2023 with the theme “Youth and women are firm foundation towards sustainable food systems.” Despite of the Tanzania Agricultural Development TADB used this show to raise awareness on the bank products and service also trained farmers on agribusiness conducts,...
Minister Ulega congratulates TADB
Minister of Livestock and Fisheries Hon. Abdallah Ulega congratulates TADB for the work it does in the livestock sector He has called on TADB to continue to cooperate with the Ministry in creating a strategic plan for the youth project in livestock TADB through Tanzania Inclusive Processor-Producer Partnership project (TI3P): Until December 2022 TADB has...