Access Bank Honours President Samia Suluhu With Power Of 100 Africa Women Award

Access Bank Tanzania, under the leadership of Chairman Protase Ishengoma, has presented the prestigious Power of 100 Africa Women Award to Her Excellency, President Samia Suluhu Hassan of the United Republic of Tanzania, in honour of her transformational leadership and commitment to inclusive governance.

The award was conferred during a courtesy visit to the State House by the Board and Management of Access Bank Tanzania, who commended President Samia’s pivotal role in driving national and regional development.

Speaking at the presentation, Chairman Protase Ishengoma stated, “This award is a recognition of Your Excellency’s transformational leadership and your unwavering dedication to building an inclusive and prosperous Tanzania. We are honoured to present this on behalf of Access Bank Group.”

He added that Access Bank Tanzania remains committed to supporting the President’s vision through expanded access to finance, empowerment of women and youth, and the growth of local businesses.

The Bank also used the opportunity to showcase its achievements since entering the Tanzanian market through its acquisition of African Banking Corporation (BancABC) in 2024 and Standard Chartered’s retail and SME portfolios in 2025. Notable milestones include:

 Total assets growing from TZS 270 billion to TZS 519 billion

Customer deposits increasing from TZS 173 billion to TZS 370 billion

Loan portfolio rising from TZS 160 billion to TZS 272 billion

Non-performing loans dropping from 4.3% to 3.7%

A turnaround from a TZS 2.4 billion loss to a TZS 1.6 billion profit in H1 2025

Seyi Kumapayi, Executive Director of African Subsidiaries at Access Bank, remarked, “We are proud of the progress Access Bank Tanzania has made in such a short time. Our growth reflects our strong alignment with national priorities and our mission to drive sustainable impact across the communities we serve.”

Access Bank Tanzania highlighted its flagship initiatives such as the W-Initiative, Womenpreneur Pitch-a-Ton Africa, expanded agent banking services, and financial literacy campaigns including Global Money Week.

As part of its sustainability and development agenda, the Bank underscored its contributions to SME financing, job creation, and support for local industries, citing partnerships with firms like Flight Link Limited to boost economic connectivity.

The Power of 100 Africa Women Award is a Pan-African platform backed by Access Bank Group to celebrate visionary female leaders advancing sustainable development. Past recipients include Namibia’s President Dr. Netumbo Nandi-Ndaitwah, Zambia’s Vice President Mutale Nalumango, and DRC’s Prime Minister Judith Suminwa.

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By Augustine Idoje