Tanzania, May 20 -- Dar es Salaam. Equity for Tanzania Limited (EFTA) has officially listed its corporate bond on the Dar es Salaam Stock Exchange (DSE) after raising Sh33.04 billion, more than double its initial target.

The bond, issued under the EFTA Corporate Bond programme, surpassed its Sh15 billion target, reflecting strong investor confidence in the company's leasing-based financing model and the growing strength of Tanzania's capital markets.

The offer opened on February 10, 2026 and closed on March 16, 2026, attracting strong participation from both retail and institutional investors.

Speaking during the listing ceremony, EFTA Managing Director Nicomed Bohay said the oversubscription demonstrated growing trust in the company's...