DFI Tanzania

National Development Corporation (NDC), Tanzania

The National Development Corporation (NDC), an economic development organization, was established as a statutory corporation by an Act of Parliament in 1962. The purpose of NDC is to initiate, develop and guide the implementation of economically viable projects in partnership with the private sector.

 

Functions, Products and Services

 

NDC was created to function as the government's investment arm.  It develops finances and implements pioneering development-oriented projects vital to the sustainability of the government's structural reforms and economic policies. The Company specialises in Project Development, specifically: Mining Projects, Industry Projects and Export Processing Zones, Energy Projects, Infrastructure Projects, Development Corridors (SDIs).... Read More.

 

 

 

Tanzania Agricultural Development Bank (TADB), Tanzania

Tanzania Agricultural Development Bank Limited (TADB) is a state-owned development finance institution (DFI) established as an apex national-level bank with the key role of being a catalyst for delivery of short, medium and long- term credit facilities for development of agriculture in Tanzania.

 

Functions, Products and Services

 

The bank is structured to deliver short, medium and long-term lending through refinancing, wholesale lending, direct lending, co-financing, syndications, leveraging/ guarantees and infrastructure financing to address financing gaps in the value chains of focus... Read More.

 

 

TIB Development Bank (TIB), Tanzania

TIB was established in November 1970 initially by the Parliamentary Act, the Tanzania Investment Bank Act of 1970 with the main purpose of financing development with emphasis on industrialisation of the country. TIB was able to fulfil its mandate with notable success in the setting up of textile, leather, paper and other processing industries until the macroeconomic instabilities of the 1980s when the country’s economy deteriorated.

 

The economic reforms of the 1990s highlighted the lack of long term funding as it was not offered by any of the commercial and financial institutions operating the country at the time.  The Government therefore re-designated TIB as a Development Finance Institution (DFI) in 2005.  

 

Functions, Products and Services

 

TIB’s principal objective is to provide finance and specialized investment banking services to corporate clients on a commercial basis. The range of products and services offered by TIB are; Deposit services; trade financing; leasing; Agriculture financing; Stock Broking; support to SMEs. These are intended to meet the requirements of the present day (complex) business environment in a manner that is flexible and responsive to the client needs. ...Read More.