DAR ES SALAAM, March 17 -- THE TIB Development Bank has signed a four-year Memorandum of Understanding (MoU) with the United Nations Development Programme aimed at strengthening development financing systems to drive inclusive and sustainable economic growth in the country.

The signing ceremony took place on March 17, 2026, in Dar es Salaam at the banks headquarters. The partnership is expected to unlock new opportunities for developing innovative, high-impact projects while attracting both domestic and foreign investment.

Speaking at the event, TIB Development Bank Chief Executive Officer, Deogratius Kwiyukwa, stated that priority areas under the agreement will include renewable energy, small and medium-sized enterprise (SME) developme...