By Deodat Bernard Energy has become a game changer in transforming lives and the economy in Tanzania. There are various sources of energy that are used in Tanzania, including hydro-energy, geothermal, natural gas, coal, solar and other emerging sources such as uranium. According to…
UNLEASHING THE POWER OF FINANCE: TAMFI AND TAREA JOINTLY CHART RENEWABLE ENERGY’S FUTURE https://tarea-tz.org/our-work/corporate-members TAMFI & TAREA: FOSTERING THE RENEWABLE ENERGY MOVEMENT THROUGH FINANCIAL COLLABORATION DAR ES SALAAM Bridging finance and green innovations, the Tanzania Association of Microfinance Institutions (TAMFI) and the Tanzania Renewable…
By Deodat Bernard As Tanzania continues to transform its economy to reach upper middle-income status, energy becomes a critical input to achieve the milestone. The World Bank says energy is “at the heart of development” as it “makes possible the investments, innovations, and new…
*TAMFI Paving the Way for Sustainable Energy Financing in Tanzania Dar es Salaam, May 2023: As Tanzania sets ambitious renewable energy targets for 2025, the Tanzania Association of Microfinance Institutions (TAMFI) reports an encouraging response from financial institutions supporting renewable energy financing at the…
Mbagala, Dar es Salaam Said Nolasko, a resident of Mbagala, Dar es Salaam, had been using a kerosene lamp to light his home at night since his house was not connected to the national grid power. However, this changed when he received a loan…
Serengeti Penina Boto is a small-scale farmer and entrepreneur based in Serengeti-Mara, Tanzania. Like many other farmers in the area, Penina manually fetched water from a distance of 50 meters to irrigate her garden. However, this changed when she received a loan for a…
Mbezi, Dar es Salaam Okoka Mwapuja is a man on a mission. He is the proprietor of Mount Rungwe Pre and Primary school in Tanzania, which is fully registered. However, his vision goes beyond just running a successful school. He is passionate about the…
Musoma Juma Makole, a farmer and livestock keeper from the Mara region of Tanzania, had been facing irrigation challenges for several years, limiting his productivity. However, in 2021, his farming experience changed for the better, thanks to the renewable energy project initiated by the…
Kigoma, Tanzania Access to reliable and affordable energy is crucial for better health, improved education, and greater economic opportunities. Unfortunately, many Tanzanians still struggle to access such energy. The Tanzania Association of Microfinance Institutions (TAMFI) and its members, such as TANERELA, are stepping up…
Baranga village, Butiama District. Nyang’oko Chacha Mlangalu’s life has been transformed by the micro renewable energy financing project initiated by TAMFI. The project has enabled her to improve her small-scale business and increase her income. Before the project, Nyang’oko faced numerous difficulties due to…