1.55 trillion TZS Disbursed by TADB for 862 Agricultural Projects
Habari mpya za kilimo Tanzania · maelezo ya 1.55 trillion TZS Disbursed by TADB for 862 Agricultura… · imesasishwa 9 Aug 2026 · habari za kilimo · wakulima · mazao
Muhtasari
- 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.
- Of the amount, 1.32 tri/-, equivalent to 84 per cent of the total loans, has been channelled to projects that directly benefit 2.6 million Tanzanians across all 31 regions of the country.
- 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.
- According to TADB, the investments have contributed to increased production, value addition and improved access to markets for farmers and other actors across the agricultural value chain.