Government Initiative to Strengthen Collaboration Between Financial Institutions and Cooperatives
Latest Tanzania agriculture news · Government Initiative to Strengthen Collaboration Betwe… explained · updated Aug 9, 2026 · agriculture news · farmers · crops
TLDR
- The commitment follows the Government’s allocation of 300bn/- to seven financial institutions, including NBC, to expand financing for women and youth engaged across the agricultural value chain.
- John Malecela Grounds in Dodoma over the weekend, President Samia Suluhu Hassan, presented symbolic cheques totalling 300bn/- to representatives of the seven institutions.
- The handover was witnessed by Tanzania Cooperative Development Commission (TCDC) Registrar and Chief Executive Officer, Dr Benson Ndiege, who said the initiative was consistent with Government efforts to strengthen.
- Ndiege said cooperatives play an important role in connecting farmers with formal financial institutions and supporting their participation in the formal economy.
- Masanja said stronger cooperative marketing systems had made cooperatives an important link between farmers and formal financial institutions.