CRDB secures over Sh43bn loan from European Investment Bank

Mr. Pim van Ballekom, European Investment Bank Vice President for Africa and Mr. Ammish Owusu-Amoah, Managing Director of BANK OF AFRICA - TANZANIA signing of MOU between the two parties to unlock Euros 7 M in Tanzania.  Mr. Pim van Ballekom, European Investment Bank Vice President for Africa and Mr. Ammish Owusu-Amoah, Managing Director of BANK OF AFRICA - TANZANIA exchange documents after signing of MOU between the two parties to unlock Euros 7 M in...

   Mr Sunday Shomari of VOA's Swahili Service (left) chats with senior officials from the Treasury before the signing ceremony of  a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on...

Finance Minister Hon. Saada Mkuya Salum speaks during the signing ceremony of CRDB Bank's  landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on Friday April 11, 2014 in the sidelines of the World Bank-IMF Spring Meeting.

The Exim Academy, a training hub for Exim Bank Tanzania launched last year, has been recognised by the International Organisation for Standardisation (ISO).

NIC Bank Tanzania has received Sh8.5 billion additional capital from its shareholders as the four-year old financial entity seeks to augment its lending capacity to incorporate Small and Medium Enterprises (SMEs) customer segments.

Commercial banks have just made it more difficult for the average Tom, Dick and Jane to get a loan for personal use, The Citizen on Sunday has reliably learnt.

Exim Bank Tanzania has signed a $20 million (about Sh42 billion at the prevailing exchange rate) loan agreement with Germany’s private enterprise lender, Deutsche Investitions und Entwicklungsgesellschaft MBH (DEG) to support Tanzania’s small and medium-sized enterprise sector (SME).

The World Bank postpones a $90m (£54m) loan to Uganda after President Yoweri Museveni signed a tough and controversial new anti-gay law.

The Commercial Court has summoned Busiro South MP Joseph Balikudembe Mutebi to defend himself on allegations that he failed to pay a Sh156million loan he acquired from Housing Finance Bank.