Business

TADB, EADB Launch TZS 50 Billion Facility for Smallholder Farmers

The Tanzania Agricultural Development Bank (TADB) and the East African Development Bank (EADB) launched a TZS 50 billion financing facility for smallholder farmers and small businesses. The facility will finance production, modern inputs, processing, value addition, storage, transportation, and market access across Tanzania’s agriculture, livestock, and fisheries value chains.

The Tanzania Agricultural Development Bank (TADB) and the East African Development Bank (EADB) launched a TZS 50 billion financing facility for smallholder farmers and small businesses on 16 September 2026 in Dar es Salaam. The facility is backed by a TZS 50 billion loan from EADB to TADB and targets beneficiaries operating across Tanzania’s agriculture, livestock and fisheries value chains.

Eligible beneficiaries will gain access to affordable loans and flexible financing terms to support investments in production, modern inputs and equipment, processing, value addition, storage, transportation and market access. TADB and EADB expect the facility to increase production and productivity, strengthen value chains and improve competitiveness, while creating employment opportunities particularly in rural communities. The Managing Director of TADB, Frank Nyabundege, and the Acting Director General of EADB, Benard Mono, launched the facility jointly as part of the two institutions’ broader collaboration to channel development finance towards productive sectors.

Read more at: https://www.tanzaniainvest.com/agriculture/tadb-eadb-tzs-50-billion-financing-facility

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