twitter RSS Feed linkedin acp contact

AccessBank Tanzania to offer agro loans in Kahama District

AccessBank Tanzania to offer agro loans in Kahama DistrictA new AccessBank Tanzania branch set to open in Kahama District, Shinyanga Region will offer agro loans to local farmers, the bank has announced


The branch opening follows AccessBank Tanzania’s strategy to expand its services to the Lake Zone area and to other regions in the country.

AccessBank Tanzania CEO Roland Coulon said, “We are happy to open our second upcountry branch in Kahama (after Mwanza) as we are further fulfilling our mission to be a socially responsible bank for the lower- and middle-income strata of the Tanzanian society.”

Coulon added that he hopes residents will enjoy the new ways of banking and the convenient and affordable products that will be provided.

“AccessBank loans are very accessible, attract no fees and can be as low as TZS 100,000 (US$62) while our retail products are very simple and inexpensive,” he explained.

Pawel Wodz, head of credit at AccessBank Tanzania, confirmed that the bank is in the final stages of introducing agro loans for individual farmers in Kahama with similar conditions as the current microloans for traders.


LATEST NEWS IN Agriculture

African food imports bill predicted to double by 2030

African food imports bill predicted to d…

Experts have warned that the cost of Africa’s yearly food imports could increase from US$50bn to US$110bn by 2030 if immediate measures aren’t taken to increase food production

Wildlife and forestry sector in the spotlight

Wildlife and forestry sector in the spot…

On August 22, the 23rd session of the African Forestry and Wildlife Commission, hosted by the Government of the Democratic Republic of the Congo opened in Kinshasa, putting the future...

Boosting investment for Africa-made cotton

Boosting investment for Africa-made cott…

At a partner’s conference on cotton, jointly organised with the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD), donors were urged to mobilise resources for new partnerships.   

Nature-based solutions help farmers in Ghana

Nature-based solutions help farmers in G…

Organic pesticides, waste-based fertilisers and forest regeneration are just a few of the green initiatives being employed in Ghana to boost farming communities’ resilience to the impacts of climate...

Boosting soil nutrient mapping in sub-Saharan Africa

Boosting soil nutrient mapping in sub-Sa…

The Food and Agriculture Organization of the United Nations (FAO) is set to fast track an impact-oriented project in sub-Saharan Africa and Central America for digital soil nutrient mapping, after...

Gambia-Korea partnership seeks to double rice production to curb food insecurity

Gambia-Korea partnership seeks to double…

President Adama Barrow has received a delegation led by the Korean Ambassador to The Gambia, HE Kim Ji-Joon, at the State House in Banjul to announce the delivery of sample rice...

Prev Next

OTHER RELATED ARTICLES - Agriculture

Tanzania almost completes Cassava plant construction

Tanzania almost completes Cassava plant …

The Lindi-based Cassava Starch of Tanzania Corporation (CSTC) is close to completion, with the 90 per cent work being done, said the government of Tanzania

Moving beyond subsistence farming in Sierra Leone

Moving beyond subsistence farming in Sie…

The FAO  is working with the Government of Sierra Leone to make sure farmers have better access to quality seeds, fertilizers, machinery and training

IOM and private agribusiness to promote youth employment in Sierra Leone

IOM and private agribusiness to promote …

The International Organization for Migration (IOM) and Sierra Tropical Limited (STL) have signed an MoU during the Seventh Tokyo International Conference on African Development

AGCO Africa Summit discusses small farm productivity

AGCO Africa Summit discusses small farm …

US agricultural equipment manufacturer, AGCO, revealed it will invest US$100mn in Africa over a three-year period by the end of 2012 at AGCO Africa Summit 2014

Nigeria: Increasing fertiliser production

Nigeria: Increasing fertiliser productio…

While agriculture accounts for about 40 per cent of its national GDP, Nigeria produces only a small portion of the fertiliser consumed by its farmers; that is about to change

FAO continues to fight Desert Locust upsurge amid COVID-19 constraints

FAO continues to fight Desert Locust ups…

The UN Food and Agriculture Organization (FAO) is continuing its efforts to contain the Desert Locust upsurge in East Africa despite restrictions on the movement of personnel and equipment resulting...

Gambia set to develop agricultural development bank

Gambia set to develop agricultural devel…

Delegates who took part in the second edition of the National Microfinance Summit in Gambia have proposed plans to build an agricultural development bank in the country to help combat...

Zambian government urges farmers to adopt seed technology

Zambian government urges farmers to adop…

The Zambian government has encouraged the country's farmers to adopt seed technology in order to help raise the national average yield

Agritask and Hollard Mozambique to expand agri insurance platform in southern Africa

Agritask and Hollard Mozambique to expan…

Agritask, one of the leading global developers of a holistic agronomic operations platform, and Hollard Mozambique, a premier insurance group in Mozambique, have partnered to provide digital solutions to local...

Organic farming driving change in sub-Saharan Africa

Organic farming driving change in sub-Sa…

Dr Benoy Berry, chairman, Contec Global, speaks to African Farming about the company's role in transforming agricultural practices through biotechnologies

ADM announces new policy to protect forests, biodiversity and communities

ADM announces new policy to protect fore…

ADM’s commitment to sustainable, ethical and responsible production with the release of a new policy to protect forests, biodiversity and communities is a step towards building a more resilient and...

Case IH opens training academy in Zimbabwe to improve agricultural productivity

Case IH opens training academy in Zimbab…

Case IH has opened its new training academy in Chinhoyi in Zimbabwe, aiming to providing hands-on technical and operational training to help farmers improve productivity through the wider adoption of...

Prev Next