Search

Tanzania’s CRDB Eyes Acquisitions in DRC Amid Fierce Market Share Race

Allen dreyfus Logo
© Allen Dreyfus
  • Tanzania’s CRDB Bank considers buyouts in DRC to boost market share
  • Competition from Kenyan and Nigerian lenders intensifies in the largely unbanked nation.

 

Dar es Salaam – CRDB, Tanzania’s largest bank, is contemplating acquisitions in the Democratic Republic of Congo (DRC), as it vies for market share against Kenyan and Nigerian lenders targeting the 100 million population of Sub-Saharan Africa’s largest country.

Recent Business

Sunset at an Industrial Shipping Port for trading. Photo @Pexels
China’s duty-free pivot in Kenya signals Africa trade realignment beyond AGOA
Read More »
The city of Alexandria, Alexandria Governorate, Egypt. Photo by Muhammed Fatih Beki @Pexels
Caught between war and inflation, Egypt pauses rate cuts as risks mount for growth
Read More »
Lagos, Nigeria. © Unsplash
Nigeria banks raise $3.3bn — now the growth gamble begins
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights