RicherFin · Sovereign Projects

Tanzania - Tanzania Agricultural Development Bank, Phase II — Tanzania

Tanzania · Katavi, Zanzibar · Formal sector financial intermediaries

Overview

This operation consists of ADB Sovereign loan of USD 66 million (UA 50 million) consisting of an appeal by the Government of Tanzania (GoT) to the AfDB for support to enhance the capital of Tanzania Agriculture Development Bank (TADB). TADB is a government-owned Development Finance Institution (DFI) established with the primary objective of facilitating the provision of financial and non-financial products and services to the agricultural sector in Tanzania. The project contributes to climate finance, with 26 million USD of the total approved amount dedicated to adaptation.

Key project information

Official name
Tanzania - Tanzania Agricultural Development Bank, Phase II
Status
Ongoing
Current phase
Ongoing
Country
Tanzania
Location
Katavi, Zanzibar
Sector
Formal sector financial intermediaries
Project structure
Public investment / AfDB sovereign financing
Estimated project cost
XDR 48.6m
Expected completion
2027-12-31