ARUSHA, Sept. 14 -- A Tanzanian development finance expert, Nicomed Bohay, has been appointed Group Chief Executive Officer (Group CEO) of EFAfrica Group Ltd.

He becomes one of a few Tanzanians to lead a pan-African financial institution operating across multiple African countries.

The appointment is being hailed as a significant milestone for Tanzanias growing contribution to African leadership in development finance and private sector investment.

Headquartered in Ebene, Mauritius, EFAfrica Group operates in Tanzania, Kenya and Zambia, providing equipment leasing solutions for agriculture, transport, construction, manufacturing and other productive sectors. As Group CEO, Bohay will oversee the companys regional operations while drivin...