TADB, Exim Bank to disburse TZS 30 billion in enabling access to capital and affordable loans to the agriculture sector including, livestock and fisheries value chains
The Tanzania Agricultural Development Bank through its Smallholder Credit Guarantee Scheme (SCGS) has entered into five years agreement with the Exim Bank Tanzania, committing fund to support access to finance to the agricultural sector worth TZS 30 billion. TADB will provide credit guarantee of up to 70% of the loans especially for youth, women and...
TADB, BoT Academy Concludes training for 52 experts from Financial Institutions on best lending practices in Agri-Sector
Tanzania Agricultural Development Bank (TADB) through the Smallholder Credit Guarantee Scheme (SCGS) in collaboration with the Bank of Tanzania Academy (BoT Academy) has designed and funded a distinctive training program with the goal of enhancing the competencies of banking professionals engaged in agricultural value chain financing. This, in turn, will enable the banking professionals to...
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...
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 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....