|Approval Date||13 Dec 2016|
|Signature Date||19 Dec 2016|
|Planned Completion Date||31 Jan 2020|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The Tanzania Agricultural Development Bank (TADB) Support Project is a technical assistance operation of the African Development Bank Group amounting to UA 67.27 million (equivalent to US$ 93.51 million) to the United Republic of Tanzania. TADB is a new state-owned bank dedicated to agricultural development to stimulate growth in this sector, which has long been plagued by low productivity and lack of funding. Through this technical assistance project, TADB will help modernize the agricultural sector by improving productivity and providing farmers with short, medium and long-term financing. The project interventions are articulated around the following components: (i) process and System Improvements; (ii) information Technology; and (iii) building Staff Capacity.
The main objective of this project is to contribute to the development of the agricultural sector in Tanzania. In addition, a technical assistance program is planned to strengthen the operations of the Tanzania Agricultural Development Bank.
The main beneficiary of the project is the Tanzania Agricultural Development Bank and the farmers.
African Development Fund
Tanzania Agricultural Development Bank
|Last Update||22 Nov 2020|
|Country||Tanzania, United Republic of|