Prime Minister Kassim Majaliwa has lauded the Tanzania Agricultural Development Bank (TADB) for its pivotal role in revolutionizing Tanzania’s agricultural landscape, crediting the institution for empowering farmers and supporting the government’s broader agenda for rural transformation.
Speaking on August 3, 2025, after touring TADB’s pavilion the main sponsor of this year’s Nane Nane International Agricultural Exhibition the Prime Minister commended the bank’s continued investment in the agriculture and livestock sectors, which collectively employ more than 65 percent of Tanzanians.
“I congratulate TADB for the important work you are doing to advance agriculture and livestock the backbone of our economy,” said Mr. Majaliwa.
“Your efforts are not only transforming rural livelihoods but also accelerating inclusive economic growth.”he added
The exhibition, held annually to recognize the contribution of farmers to national development, is themed this year: “Choose Good Leaders for Sustainable Development in Agriculture, Livestock and Fisheries by 2025.”
TADB’s participation comes as the bank approaches its 10th anniversary since its establishment in 2015. Over the past decade, the institution has evolved from a relatively small lender into a leading development finance institution in the country.
Speaking on behalf of the Managing Director, the bank’s Director of Planning, Advisory and Institutional Relations, Mr. Waziri Mkani, said the bank has disbursed over TZS 1.129 trillion in loans to agricultural stakeholders across Tanzania a milestone reflecting the impact of policy commitment under the Sixth Phase Government.
“The bank began with an initial capital of TZS 60 billion. Today, we have facilitated over a trillion shillings in financing a clear indicator of growth and government resolve to ensure smallholder farmers and agri-entrepreneurs access affordable credit,” said Mr. Mkani.
He added that TADB remains committed to supporting strategic value chains, including horticulture, livestock, fisheries, and agro-processing, with a focus on unlocking financing barriers for underserved rural communities.
As Tanzania targets a more industrialized and food-secure future, institutions like TADB are seen as critical enablers of sustainable, inclusive agricultural development.