Bank of Africa Tanzania (BOA) opened its 19th branch in the country in Mtwara, in the southern region.
The bank indicated the rich natural gas resources and the oil and cashew nuts potential for its strategic choice.
BOA started its operations In Tanzania in 2007 with a focus on corporate and SMEs.
The bank is already present in Tanzania’s commercial capital Dar es Salaam and in other economic centres throughout the country such as Arusha, Morogoro and Mwanza.