Search

Tanzania Secures Trade Finance Boost to Support SMEs and Stabilise Currency

Subscriber only Subscriber only
© Unsplash
  • AfDB-BOAT deal to expand trade credit access and de-risk lending environment
  • Facility expected to ease import pressure and encourage value-added exports

Tanzania is targeting improved trade flows and economic resilience with a $7.5 million facility backed by the African Development Bank (AfDB) and the Bank of Africa Tanzania (BOAT), as the country contends with fiscal pressures, limited access to capital, and currency volatility.

You need an active subscription to continue reading this article.

Recent Business

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Amid tariff wars, Africa seals $48bn to boost intra-trade
Read More »
Photo by Mwanje Henry @ Unsplash
Uganda’s pension giant posts record $7.4bn assets
Read More »
Gold bars. Photo by Jingming Pan @ Unsplash
Can Ghana’s gold refinery plan deliver real value?
Read More »

Recent Politics

Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast vote: Is Ouattara headed for a one-man race?
Read More »
Loading of maritime containers aboard vessels in a seaport. Photo @ Unsplash
Is Ethiopia’s sea access dispute with Eritrea a path to conflict?
Read More »

Latest Posts

Latest news insights