ZANZIBAR, Feb. 9 -- The National Bank of Commerce (NBC) has been recognized as the Best Bank in Financing Construction Projects in Zanzibar at the Zanzibar International Construction Awards (ZICA Awards), reinforcing its position as a leading financier of large-scale infrastructure and construction initiatives across the Isles.

The award was presented during a weekend ceremony in Zanzibar, officiated by Ali Suleiman Amour, Chairman of the Zanzibar National Chamber of Commerce (ZNCC). The event brought together senior stakeholders from the construction sector, including representatives from government institutions and the private sector.

NBC was represented by Elvis Ndunguru, Director of Business and Investment Banking, who led a delegat...