Independent Consultant and Microfinance Expert
Former Director in the Governor's Office of the Central Bank of Tanzania
Ms. Grace Chimile Rubambey is an economist and one of the leading rural and microfinance experts in Tanzania with more than 28 years experience at the Central Bank of Tanzania. In 2007, she left the Bank to become an independent consultant, providing consulting services in the areas of rural and microfinance as well as small and medium enterprises (SMEs).
Prior to becoming an independent consultant, Mrs. Rubambey served as Director in the Governor's Office of the Central Bank of Tanzania in 2006. Between 1998 and 2005, she established and managed the Bank's Directorate of Microfinance. As Director of Microfinance, she oversaw formulation of the legal, regulatory and supervisory framework for microfinance as well as the drafting of the National Microfinance Policy, which became the first such policy in Eastern and Southern Africa and has been recognized as one of the best in the microfinance industry.
Ms. Rubambey is a member of multiple boards and committees, including the Tanzania National Economic Empowerment Council, Advisory Board of the President's Empowerment Fund, the Steering Committee on the Implementation of the SME Policy, Tanzania Investment Bank (TIB), and AFRACA Executive Committee and Advisory Group.
Ms. Rubambey earned a bachelor's degree in economics from Kent State University under The Africa-America Institute (AAI)'s African Scholarship Program of the American Universities (ASPAU) program. She went on to earn a master's in economics from Kent State University as well.
source: http://www.aaionline.org/Alumni/AlumProfiles.aspx?alum=gracerubambey
About The Africa-America Institute
The Africa-America Institute (AAI) was founded in 1953 to help Africans build human capacity through education and training programs. Today, AAI continues to pursue this vision through a portfolio of programs aimed at both educating Africans and educating Americans about Africa.
For over fifty years, AAI’s African Higher Education and Training programs have provided university, graduate-level, and professional training scholarship programs for Africans in fundamental capacity–building fields, including agriculture, business and finance, education, government, health care, science and technology. AAI’s Education, Outreach and Policy programs have created opportunities for policymakers, business executives, government officials, and opinion leaders from Africa and the United States to gain a more complete understanding of each other and to explore, debate and work collaboratively on issues of mutual interest.
To date, over 23,000 individuals from Africa and the United States have benefited from AAI’s education and policy programs.






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