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Prof. Msambichaka holds a B.Sc. in Agriculture from the University of Dar-s- Salaam. In addition, he holds an M.Sc. and PhD. from Leipzig University in Germany. He is a Member of the following professional bodies: Agricultural Economics Society of Tanzania, Economics Society of Tanzania, and the African Association of Public Administration and Management. He is also the Chairman of the Board’s Investment Committee. In addition, Prof. Msambichaka has served as Board Chairman of several companies and organizations including the Morogoro Leather Goods Board of Directors, Financial Services and Enterprises Development Association, National Health Insurance Fund Board, Moshi University College of Cooperative and Business Studies, Business Registration and Licensing Agency [BRELA], Rufiji Basin Development Authority (RUBADA), Institute of Social Work Board of Governors and the Tanzania Investment Centre.

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TCCIA Investment Company Limited [TICL] is a public limited liability company that was established by shareholders to expand financing sources to participate meaningfully in the ownership and control of the Tanzanian economy