PM Majaliwa hails BOA for continued efforts to support Tanzania

19Jul 2021
The Guardian Reporter
Dar es Salaam
The Guardian
PM Majaliwa hails BOA for continued efforts to support Tanzania

PRIME Minister Kassim Majaliwa has hailed the Bank of Africa (BOA) for its continued efforts to support Tanzania in various development sectors.

He made the statement recently when he held talks  with the bank's president Othman Benjelloun at the Sofitel Hotel, Rabat in Morocco.

He said that the bank's presence in Tanzania has enabled the people to benefit from the various services provided.

“On behalf of the President President Samia Suluhu Hassan we thank the Bank of Africa for these efforts,” said the Premier.

In addition, the Prime Minister advised President Benjelloun to continue to expand the scope of the bank's services in the country to reach more Tanzanians, especially in the sectors of education, agriculture, livestock and minerals.

The Prime Minister promised to prepare a mechanism to bring together the Bank's leadership and the private sector in Tanzania to see how they can work together to serve Tanzanians.

For his part, President Benjelloun said the bank's goal is to continue to grow its investment in Tanzania.

He said: “We are ready to invest in areas where Tanzanian national leaders will advise us with the aim of making our contribution to building the economy.”

Minister of Agriculture, Prof Adolf Mkenda said that the bank should help promote Tanzania-Morocco relations in the agricultural sector especially in crops such as rice, tobacco, coffee and other crops.

Zanzibar Minister of Tourism and Antiquities Leila Muhamed Mussa has said there are coastal areas that have not been invested so far so it is an opportunity for investors to use them and that the President of the Revolutionary Government of Zanzibar Dr. Hussein Ali Mwinyi has opened the doors for investors.

He also asked the bank to see how to enable organic farmers to carry out their activities more efficiently.

Together with the bank’s participation in the various development projects, the bank has shown its determination in supporting the Small and Medium Enterprises (SMEs) by providing tailor-made products and services together with stream lined services which has been the major attraction of customers to the bank.

As a commercial bank the bank client segment involves Retail customers, Small and Medium Enterprises (SMEs) and corporate customers.

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