Posted by: APO | 28 July 2022

African Development Bank and African Guarantee Fund Sign $110 Million Agreement with Tanzania’s CRDB Bank to Boost Access to Finance by Women’s SMEs

The African Development Bank ([www.AfDB.org](http://www.afdb.org/)) signed a $60 million financial package comprising $50 million subordinated debt to support CRDB Bank’s regional expansion efforts and a senior loan of $10 million to accelerate access to finance for small businesses managed and owned by women in Tanzania. The facility is coupled with a $175,000 technical assistance grant from the… Read more on https://afdb.africa-newsroom.com/press/african-development-bank-and-african-guarantee-fund-sign-110-million-agreement-with-tanzanias-crdb-bank-to-boost-access-to-finance-by-womens-smes?lang=en


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