AfDB and CRDB Bank of Tanzania sign US$120 million loan agreement to finance infrastructure and SMEs

The African Development Bank Group (AfDB) and CRDB Bank Plc (CRDB) of Tanzania signed a US$ 120 million loan agreement in Nairobi on November 30, 2016 to finance infrastructure and SME projects in Tanzania. The loan will support infrastructure development, particularly the power and transport sectors, which is a major constraint for Tanzania’s economic diversification ...