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Tanzania Secures Trade Finance Boost to Support SMEs and Stabilise Currency

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  • 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.

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