Dar es Salaam - September 24, 2026: For Tanzania’s agricultural businesses, growth does not stop at increasing production. It extends to acquiring the right equipment, improving storage, increasing processing capacity, strengthening distribution and ultimately accessing larger markets.
Unlocking that growth requires access to financing across the entire agricultural value chain.
It is against this backdrop that NCBA Bank Tanzania and the Tanzania Agricultural Development Bank (TADB) have entered into a strategic partnership aimed at expanding financing opportunities for agriculture-focused businesses.
Under the partnership, TADB has provided NCBA Bank Tanzania with a TZS 10 billion term facility, complemented by a credit guarantee arrangement designed to support lending to eligible Corporate, SME and Retail customers.
The partnership provides NCBA with additional capacity to finance businesses at different points of the agricultural ecosystem, from production and mechanisation to processing, storage and distribution.
Financing Tanzania’s Agricultural Value Chain
Speaking during the partnership signing in Dar es Salaam, Alex Mziray, Managing Director of NCBA Bank Tanzania said strengthening agricultural finance requires looking beyond the farm to understand the wider ecosystem of businesses that enable the sector to grow.
“Through this partnership, we are strengthening our ability to support businesses operating across Tanzania’s agricultural value chain with financing that can enable them to invest, expand and become more productive. This is what our philosophy of Banking on Belief – Empowering Ambitions represents — understanding the ambitions of our customers and creating financial solutions that help move those ambitions forward,” said Mziray.
For an SME involved in agriculture, access to finance can mean the ability to acquire machinery, increase production capacity or improve storage.
For a processor, it can provide the capital required to expand operations, while for larger agribusinesses it can support investment and expansion across different parts of the value chain.
This is where the partnership between a development finance institution and a commercial bank becomes particularly relevant.
TADB Highlights Importance of Partnerships
TADB Managing Director, Frank Nyabundege, said partnerships with financial institutions provide an avenue for expanding the reach of agricultural financing while combining the capabilities of institutions serving different roles within the financial ecosystem.
“By working with financial institutions such as NCBA, we are able to broaden the channels through which agricultural businesses can access finance. Combining TADB’s agricultural development mandate and risk-sharing mechanisms with NCBA’s banking capabilities and customer reach creates an opportunity to support viable businesses across the agricultural value chain,” said Mr. Nyabundege.










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