Finance Minister directs TADB to invest in agriculture for economic transformation
Latest Tanzania agriculture news · Finance Minister directs TADB to invest in agriculture… explained · updated Aug 2, 2026 · agriculture news · farmers · crops
TLDR
- Ambassador Omar issued the directive on Sunday after visiting and inspecting TADB’s pavilion at the Dr John Samuel Malecela Grounds in Nzuguni, Dodoma, where the 2026 National and International Nane Nane Exhibition is.
- The bank, whose capital has increased significantly from 60bn/- to more than 400bn/- within a short period, thanks to substantial government investment, is the main sponsor of the 33rd exhibition, which is being held.
- The Minister said the government is throwing its weight behind the sector because its performance will ultimately help eradicate poverty among Tanzanians and increase per capita income to $7,000 per annum.
- DODOMA: Minister for Finance Khamis Mussa Omar has directed the Tanzania Agricultural Development Bank (TADB) to strategically invest in key government priority areas in agriculture to enable the country to achieve its.
- The finance minister said the livestock sector faces financial challenges, with more funds needed to improve its efficiency.