Tanzania Agricultural Development Bank Capital Increase from 60bn to 452bn
Latest Tanzania finance news · Tanzania Agricultural Development Bank Capital Increase… explained · 2021 updates · updated Aug 9, 2026 · economy news · GDP · investment
TLDR
- She said the government’s investments were already yielding results, citing a 2025 Food and Agriculture Organisation (FAO) assessment showing Tanzania’s cereal production increased by 22 per cent, from 11.4 million.
- President Samia described access to finance as another pillar of agricultural transformation, noting that the Tanzania Agricultural Development Bank (TADB) had expanded its capital from 60bn/- in 2021 to 452bn/-.
- DODOMA: PRESIDENT Samia Suluhu Hassan yesterday outlined key priorities to transform the agriculture and livestock sectors as Tanzania embarks on implementing the National Development Vision 2050.
- He said the ministry’s budget had increased from 168.25bn/- in 2022/23 to 433.38bn/- in 2026/27, enabling implementation of key programmes.
- In the fisheries sector, production increased from 412,821 tonnes in 2024/25 to about 600,000 tonnes this year, supported by expanded fish farming through cages and ponds.