The Latest

Oversubscribed Bond to Finance Projects for Women, Youth, and People with Disabilities Listed on DSE

Azania Bank’s “Bondi Yangu” bond raised TZS 63.3 billion, surpassing the TZS 30 billion target. Now listed on the DSE, the bond aims to fund strategic projects, including affordable loans for women, youth, and people with disabilities.
January 25, 2025
2 minute read
Azania Bank Bondi Yangu Bond listing at DSE

Azania Bank has officially listed its oversubscribed “Bondi Yangu” bond on the Dar es Salaam Stock Exchange (DSE).

Initially targeting TZS 30 billion with an option to extend by TZS 15 billion, the bond raised TZS 63.3 billion, reflecting an oversubscription rate of 110.9% and total subscriptions of 210.9%.

The bond, launched on November 4, 2024, and closed on December 6, 2024, is the first phase of Azania Bank’s Medium-Term Note (MTN) program.

Tanzania Investment Guide 2026 Free Edition

Proceeds will support strategic initiatives, including providing affordable loans to women, youth, and people with disabilities.

During the listing ceremony, Finance Minister Dr. Mwigulu Nchemba highlighted the significance of the bond’s success. “This is the kind of financial innovation our President supports to foster modern economic growth. The government remains committed to creating a conducive environment for investments in capital markets,” he said.

Dr. Nchemba also urged other institutions to explore similar avenues for raising capital, underscoring the increasing financial literacy among Tanzanians.

Azania Bank Managing Director, Dr. Esther Mang’enya, expressed gratitude to stakeholders, including the Capital Markets and Securities Authority (CMSA), the Bank of Tanzania (BoT), and the DSE, for their roles in the bond’s success.

She reassured investors of the security of their funds and noted that 97% of the bond’s investors are individuals, reflecting strong public confidence in Azania Bank.

Tanzania Investment Guide 2026 Full Edition

About Azania Bank

Azania Bank, established in 1995, is a Tanzanian commercial bank headquartered in Dar es Salaam. The bank’s majority ownership is held by government-related institutions, including:

  • Public Service Social Security Fund (PSSSF): 51.32%
  • National Social Security Fund (NSSF): 28.04%
  • National Health Insurance Fund (NHIF): 17.97%
  • Workers Compensation Fund (WCF): 1.78%
  • East African Development Bank (EADB): 0.50%

The bank provides financial services to various sectors of the economy, including agriculture, trade, and manufacturing, with a focus on promoting financial inclusion and economic development.

Want to know more about Banking in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Banking, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

Download Free OverviewGet the Full Guide
Tweet
Share
Share
Share
Related Posts
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 29 of 2026: Equity Turnover Grows +10.75% to TZS 177.04 Billion as TCCL (+7.21%) Leads as Best Stock Performer

The Dar es Salaam Stock Exchange recorded equity turnover of TZS 177.04 billion during the week of July 13th to July 17th, a week-on-week increase of +10.75%, with 63,874,739 shares changing hands across 14,339 deals. TCCL (+7.21%), MKCB (+5.29%), and TBL (+2.82%) led the gainers, while SWIS (-9.89%), DCB (-9.09%), and MUCOBA (-4.85%) topped the losers. Total market capitalisation stood at TZS 35,724.27 billion at the close of the week, with the DSEI advancing +0.72% and the Industrial & Allied index rising +1.86%. The bond market posted turnover of TZS 174.83 billion, surging +88.80% week-on-week.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 28 of 2026: Equity Turnover Surges +473.64% to TZS 159.86 Billion as PAL (+15.94%) Leads as Best Stock Performer

Equity turnover surged +473.64% week-on-week to TZS 159.86 billion across 62,993,120 shares and 14,638 deals during the four trading days of July 6th to July 10th. PAL (+15.94%), MUCOBA (+13.19%), and MBP (+9.29%) led the gainers, while TTP (-8.16%), MKCB (-7.89%), and MCB (-7.69%) were the session's heaviest decliners. Total market capitalisation closed at TZS 35,467.55 billion as the DSEI slipped -0.83% and the Banks, Finance & Investment index fell -0.98%. Bond market turnover reached TZS 92.60 billion, retreating -39.29% from the prior week.
Central Bank of Tanzania BOT CBR Interest Rate Q3 2026
Read More

BOT Raises Tanzania Central Bank Rate to 6.25% for Q3 2026; GDP Growth Estimated at 6% in H1 2026, Driven by Agriculture, Construction, Mining, and Tourism

The Bank of Tanzania (BOT) released its Monetary Policy Committee Statement of July 2026, in which it indicates that the MPC decided to raise the Central Bank Rate (CBR) from 5.75% to 6.25% for the third quarter of 2026. The decision aims to contain inflation driven by high energy, fertilizer, and transportation costs linked to the geopolitical conflict in the Middle East.
DSE Dar es Salaam Stock Exchange & TanzaniaInvest Report
Read More

Dar es Salaam Stock Exchange Week 27 of 2026: Equity Turnover Plunges -84.94% to TZS 27.87 Billion as KA (+9.09%) Leads as Best Stock Performer

Dar es Salaam Stock Exchange equity turnover fell -84.94% week-on-week to TZS 27.87 billion across 5,402,287 shares and 18,817 deals in Week 27 of 2026. KA (+9.09%), CRDB (+8.53%), and VODA (+8.05%) topped the gainers, while MCB (-7.61%), MUCOBA (-7.14%), and MBP (-4.19%) led declines. Total market capitalisation stood at TZS 35,765.53 billion as the DSEI advanced +2.28% and the Commercial Services index rose +7.55%. Bond market turnover reached TZS 152.54 billion, slipping -1.53% from the prior week.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources.

Download Free Overview Get the Full Guide