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

• 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.