February 2025-Newsletter
Stories of growth, innovation, and collaboration
Welcome to our February 2025 newsletter!
In this edition, we invite you on a journey through the latest stories and successes shaping Tanzania’s economic landscape. From ground-breaking projects to impactful partnerships, you’ll discover how businesses and communities are coming together to create a more sustainable and thriving future. Join us as we explore these inspiring efforts and stay connected to the progress happening around us!
Tanzania’s Booming Economy Exposes Business Weaknesses—Experts Call for Strategic Action
According to recent studies, 53.2% of Tanzanian businesses collapse due to fragmented systems, poor strategic planning, and bureaucratic challenges. Despite economic expansion, many companies struggle to keep pace with the evolving business landscape, leaving most of the owners and managers in an unsuccessful search for solutions.
From Emotional to Confident Tractor Operator
Happiness Kuzenza (22) from Mpanda, Katavi region, began her journey in tractor operation with determination. Initially, she was emotional, but with time, she gained confidence. Remarkably, within a day, she was able to operate a tractor.
From Training to Transformation: TAPBDS Drives Business Growth and Job Creation
... One of the examples is Muradi Nchimbi, an agro dealer from Mahenge – Kilolo who after the training has adopted a new financial recording system which now helps in increasing transparency, accuracy of data leading to making of informed decisions. Similarly, Dorah Mkehele, ...
AgriSMEs Gain Financing Insights at MARKUP II BootCamp
"... we have been enlightened on how to develop budgets and business plans as part of the key requirements of the financiers. We now recognise what bankers look for in their books for us to be able to access financing more easily” stated one of the participants, Mr. Daniel Mwita, CFO of Mambo Coffee Company Limited.
Making Mechanization Adoption Models work for rural farmers: A story from Mpanda Tanzania.
Recently, Mr. Mbiti who is a farmer based in Mpanda managed to acquire a combine harvester after a tripartite financing model was facilitated between the farmer, NMB Bank (financier) and Reliance Group (as a supplier). This is one of TAPBDS’s roles in facilitating business linkages under ...