Dar es Salaam. Treasury Registrar Mr Nehemiah Mchechu has held talks with Trade and Development Bank (TDB) President and Managing Director Mr Admassu Tadesse on strengthening the bank’s partnership with Tanzania, with a focus on supporting economic development and unlocking greater value from public investments.
The talks, held on Friday, August 7, 2026, at the Office of the Treasury Registrar (OTR) in Dar es Salaam, brought together Mr Mchechu and Mr Tadesse alongside officials from both sides to discuss opportunities for deeper cooperation in investment financing, trade and development.
The engagement is of particular significance given that the government, through the OTR, holds an 8.3 percent stake in TDB, making Tanzania one of the bank’s shareholders.
Mr Mchechu said a stronger partnership with TDB could help expand investment, trade and access to capital for projects with the potential to generate broad economic benefits.
He noted that, as a regional development finance institution, TDB is well placed to help Tanzania tap opportunities across key sectors while supporting efforts to enhance the value of public investments under OTR oversight, currently standing at Sh92.3 trillion.
The Treasury Registrar said the government was also pursuing reforms aimed at improving the performance of public institutions, with a focus on accountability, efficiency, capable leadership and responsible use of public resources.
He said the reforms were intended to ensure that Government-owned institutions and companies operate more effectively, deliver on their mandates and make a stronger contribution to the national economy.
Mr Tadesse, for his part, said TDB was ready to deepen its engagement with Tanzania and support projects capable of advancing economic growth and investment.
He said the bank was expanding its range of financing solutions, including commercial lending, concessional finance and blended financing, to help mobilise capital for projects with significant development impact.
“Tanzania has significant investment potential and is taking important steps to strengthen its economy,” Mr Tadesse said, adding that TDB seeks to channel capital towards countries and projects capable of delivering economic, social and financial returns while supporting production, trade and investment.
TDB Adviser Mr Anthony Mwithiga said the bank had developed financing structures designed to bridge capital gaps and support projects with significant economic and social value.
He said TDB could draw on its experience in combining different sources of finance, including commercial capital, concessional funding and resources from development partners, to develop financing solutions tailored to the needs and characteristics of individual projects.
