Minister of Agriculture Hon. Hussein Bashe launches the TADB Western Zone office in Tabora
Tabora, 23 February, 2024 The Minister for Agriculture Hussein Bashe has inaugurated Tanzania Agricultural Development Bank’s (TADB) Western Zone Office in Tabora, aiming to expand financial inclusion and availability of preferential loans for farmers, livestock keepers, and fisheries in Tabora, Kigoma and Katavi regions. Presiding at the launch, the Minister hailed TADB for the good work...
TADB and Tanzania Commercial Bank – TCB has come into agreement to extend its partnership in boosting agri-business in the country
TADB through its Small Smallholder Credit Guarantee Scheme (SCGS) has entered into agreement to extend its partnership with TCB 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 and fisheries value-chains. The agreement, which was signed on...
TADB Managing Director attends the private sector development plans and and Investment meeting
TADB Managing Director, Mr. Frank Nyabundege (left) following the meeting of the private sector development plan and investment in Tanzania. The meeting between the Minister of Finance and Planning, Hon.Dr. Mwigulu Lameck Nchemba (Mb), Minister of State, Office of the Parliament, Finance and Planning Zanzibar, Hon. Dr. Saada Mkuya Salum and the Vice President 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,...
Minister Nchemba: TADB increases productivity in agriculture for the year 2022
TADB increases productivity in agriculture, facilitates the implementation of projects and shapes the collection and sale of agricultural products as outlined by Hon. Dr. Mwigulu Nchemba, Minister of the Ministry of Finance and Planning in the presentation of the ministry’s budget 8/6/2023, Parliament, Dodoma. In the presentation Dr. Mwigulu classified some of the things facilitated...