Dar es Salaam. The Treasury Registrar, Mr Nehemiah Mchechu, has held talks with the leadership of the East African Development Bank (EADB) on ways the regional development bank can play a greater role in supporting Tanzania’s economic growth and development.
The discussions, held on Tuesday, August 4, 2026, at the Treasury Registrar’s office in Dar es Salaam, brought together Mr Mchechu, EADB Acting Director General Mr Benard Mono and the Bank’s Tanzania Country Manager, Mr Stephen Wambura.
A key focus of the discussions was EADB’s role in expanding access to finance for investment and productive economic activities.
The bank supports both the public and private sectors, providing financing for investment projects and other economic activities that can contribute to business growth and economic transformation.
The discussions come against the backdrop of Tanzania’s position as one of EADB’s four government shareholders, alongside Kenya, Uganda and Rwanda.
The four governments collectively hold 92 percent of the Bank’s shares, with the remaining eight percent held by multilateral development financiers and commercial banks, including the African Development Bank (AfDB); SBIC Africa Holdings, Commercial Bank of Africa, Standard Chartered Bank and Barclays Bank Plc as Class B (Institutional) shareholders.
For Tanzania, its position as a shareholder provides an important platform for strengthening engagement with the Bank and exploring opportunities to channel more financing towards areas with potential to accelerate investment and economic activity.
Stronger collaboration between Tanzania, EADB and other shareholders could help unlock new investment opportunities, support the expansion of businesses and deepen private-sector participation in development projects.
Such engagement is particularly important as Tanzania seeks to mobilise more capital for productive investment and strengthen the contribution of both public and private-sector institutions to the country’s long-term development ambitions.
