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TADB's Role in Transforming Agriculture to Commercially Oriented Sector

Latest Tanzania agriculture news · TADB's Role in Transforming Agriculture to Commercially… explained · updated Aug 9, 2026 · agriculture news · farmers · crops

TLDR

  • Nyabundege said that as the country continued implementing the National Development Vision 2050, under which the private sector is expected to account for about 70 per cent of its implementation, TADB was well.
  • TADB Managing Director, Frank Nyabundege, made the remarks in the presence of President Samia Suluhu Hassan during the closing ceremony of the 2026 Nanenane agricultural exhibitions.
  • DODOMA: THE Tanzania Agricultural Development Bank (TADB) has disbursed loans worth 1.55 tri/- to finance 862 projects in the agricultural sector and related activities across the country.
  • He said the bank had invested 611.8 billion/- in food crops alone, while strategic crops and sectors, including edible oils, coffee, cashew nuts, sugar and cotton, had received a combined investment of 884.24 billion/-.
  • According to him, the objective is to accelerate the transformation of agriculture from subsistence farming to productive and commercially oriented agriculture driven by technology, value addition and stronger market.

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