Bank of Tanzania and AFRACA discuss collateral registries, the blue economy and access to credit
The Bank of Tanzania met the AFRACA Secretariat in Nairobi on 17 September 2026, during the 2026 Annual Meetings of the Association of African Central Banks, on the day of the AACB Governors' Symposium hosted by the Central Bank of Kenya as part of its sixtieth anniversary. Ms. Ngo B. Anny Caroll, Secretary General of the African Rural and Agricultural Credit Association, received the Governor and delegation at the Secretariat's offices at the CBK Institute of Monetary Studies.
The two institutions exchanged views on financial inclusion, training, knowledge exchange, and wider access to financial services for rural and productive sectors. The Governor's interest centred on three of the areas presented: the research on collateral registries, the blue economy, and access to a credit facility.
Collateral registry research
The Secretary General presented AFRACA's planned research on movable collateral registries. Collateral constraints remain a major barrier for farmers, SMEs and rural enterprises that lack land or other conventional security. The research will compare the status, use and effectiveness of registries across African markets, covering:
- Legal frameworks and enforcement
- Registration costs and eligible asset types
- Lender awareness
- Actual impact on lending
The findings are intended to support policy recommendations, peer learning and practical improvements in agricultural and SME finance.
The blue economy
AFRACA's blue economy focus area facilitates access to blue finance, knowledge and partnerships to develop sustainable activities related to aquatic resources.
Credit lines and capital mobilisation
Under the Strategic Plan 2026 to 2030, capital mobilisation, financing and fund creation is one of AFRACA's two lines of work: credit lines, financing partnerships, guarantees and investment opportunities for members. AFRACA mobilises and channels wholesale credit lines from development partners, among them BOAD, EBID, AFD and AfDB, to member financial institutions, and the proposed AFRACA Rural and Agricultural Fund would add a pan-African mechanism for the same purpose.
The Multi-Country Exchange Programme
AFRACA's Multi-Country Exchange Programme runs from 2 to 6 November 2026 across Kenya, Tanzania, Ghana, Uganda, Zimbabwe, Cameroon, Senegal, Burkina Faso and Nigeria, taking practitioners from member institutions into each other's markets for a working week. Tanzania is one of the nine host countries.
Follow-up
The meeting closed on the four steps proposed to each central bank: a focal point at the bank; one priority where collaboration can begin; the national institutions to connect with AFRACA; and a practical next step.
AFRACA thanks the Governor and the Bank of Tanzania delegation for prioritising this exchange during the Symposium day.
AFRACA brings together more than 85 member institutions in 30 African countries.