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 conducts training to small palm farmers in Kigoma
TADB has conducted an eight-day training to Palm farmers in Kigoma district aimed to raise brand and service awareness, capacity building in business education, finance and credit loan management, as well as teaching them the best production principles in agriculture. Kigoma is the Tanzania region that produces palms in large quantities where a total of...
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 provide loans of up to 150 million shillings to individuals and up to 500 million shillings to groups of Women and Youth
TADB approves up to 8 billion loans to women and youth in agriculture The Tanzania Agricultural Development Bank (TADB) has launched a special program of agricultural loans for women and young people which is aimed at meeting the capital challenges for the group by relaxing some criteria and conditions of loans including reducing the interest...
Minister of Finance Hon. Dr. Mwigulu Nchemba launches the TADB Northern Zone office in Arusha
Arusha, 12 December, 2023 The Minister for Finance Dr. Mwigulu Nchemba has inaugurated Tanzania Agricultural Development Bank’s (TADB) Northern Zone Office in Arusha, aiming to expand financial inclusion and availability of preferential loans for farmers, livestock keepers, and fisheries in Arusha, Kilimanjaro, Tanga and Manyara regions. Presiding at the launch, the Minister hailed TADB for the...
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...