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28 Jul 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 today 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.

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Independent Development Evaluation, African Development Bank
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