Welcome to the Tanga Water Green Bond
Tanga, a city brimming with potential, faces a pivotal challenge - providing its growing population with the necessity of clean water. Currently, only a fraction of Tanga's residents have access to clean water and sewage networks, underscoring the urgent need for infrastructure upgrades.
In response to this pressing challenge, the Tanga Urban Water and Sanitation Authority (Tanga UWASA) has devised an ambitious plan for the refurbishment of aging facilities, expansion of treatment plants, and implementation of advanced metering systems. TangaUwasa aims to meet current demands and prepare for future growth.
To finance these crucial initiatives, TangaUwasa has forged a partnership with the United Nations Capital Development Fund (UNCDF) to introduce the "Tanga Water Green Bond" - an innovative financial instrument aimed at raising TZS53.12 billion to foot the demands.
Why Invest in the Tanga Water Green Bond?
This bond offers investors a compelling opportunity. With a 10-year duration and a competitive interest rate of 13.5%, it promises attractive semi-annual returns. Available through all NBC Bank branches and agents of the Dar es Salaam Stock Exchange Countrywide, it symbolizes dedication to sustainable development while ensuring lucrative financial gains for investors.
Where Will Your Investment Go?
Proceeds from the Tanga Water Green Bond will fuel impactful initiatives. These include expanding water production and treatment capacity, bridging the demand gap, reducing Non-Revenue Water through infrastructure rehabilitation, extending water service coverage, and installing prepaid metering systems for equitable distribution.
Investing for Sustainability
Investing in the Tanga Water Green Bond transcends mere financial returns—it represents a commitment to sustainability. By supporting environmental conservation, climate action, and water generation for industrial growth, this bond aligns with Environmental, Social, and Governance commitments and United Nations millennium development goals. It's not just an investment; it's a statement in favor of responsible planet stewardship.
Join Us in Shaping the Future
In an era where sustainability is paramount, the Tanga Water Green Bond presents a unique opportunity to invest in a brighter future. By combining economic benefits with community well-being and environmental goals, this bond represents the promise of financial instruments crafted for tomorrow. Join us in shaping a sustainable and prosperous future for generations to come.
Invest in the Tanga Water Green Bond and be a part of the solution.
Godwin Semunyu is the Head of Corporate Affairs at NBC Bank. The Bank (NBC) is also the Lead Transaction Advisor of the Tanga Green Bond proceedings. He can be reached through: godwin.semunyu@nbc.co.tz
Tanga, a city brimming with potential, faces a pivotal challenge - providing its growing population with the necessity of clean water. Currently, only a fraction of Tanga's residents have access to clean water and sewage networks, underscoring the urgent need for infrastructure upgrades.
In response to this pressing challenge, the Tanga Urban Water and Sanitation Authority (Tanga UWASA) has devised an ambitious plan for the refurbishment of aging facilities, expansion of treatment plants, and implementation of advanced metering systems. TangaUwasa aims to meet current demands and prepare for future growth.
To finance these crucial initiatives, TangaUwasa has forged a partnership with the United Nations Capital Development Fund (UNCDF) to introduce the "Tanga Water Green Bond" - an innovative financial instrument aimed at raising TZS53.12 billion to foot the demands.
Why Invest in the Tanga Water Green Bond?
This bond offers investors a compelling opportunity. With a 10-year duration and a competitive interest rate of 13.5%, it promises attractive semi-annual returns. Available through all NBC Bank branches and agents of the Dar es Salaam Stock Exchange Countrywide, it symbolizes dedication to sustainable development while ensuring lucrative financial gains for investors.
Where Will Your Investment Go?
Proceeds from the Tanga Water Green Bond will fuel impactful initiatives. These include expanding water production and treatment capacity, bridging the demand gap, reducing Non-Revenue Water through infrastructure rehabilitation, extending water service coverage, and installing prepaid metering systems for equitable distribution.
Investing for Sustainability
Investing in the Tanga Water Green Bond transcends mere financial returns—it represents a commitment to sustainability. By supporting environmental conservation, climate action, and water generation for industrial growth, this bond aligns with Environmental, Social, and Governance commitments and United Nations millennium development goals. It's not just an investment; it's a statement in favor of responsible planet stewardship.
Join Us in Shaping the Future
In an era where sustainability is paramount, the Tanga Water Green Bond presents a unique opportunity to invest in a brighter future. By combining economic benefits with community well-being and environmental goals, this bond represents the promise of financial instruments crafted for tomorrow. Join us in shaping a sustainable and prosperous future for generations to come.
Invest in the Tanga Water Green Bond and be a part of the solution.
Godwin Semunyu is the Head of Corporate Affairs at NBC Bank. The Bank (NBC) is also the Lead Transaction Advisor of the Tanga Green Bond proceedings. He can be reached through: godwin.semunyu@nbc.co.tz
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