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

Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
Ethiopia seals landmark debt restructuring and €81.5mn French support
Read More »
Gold bars. Photo by Zlaťáky @ Unsplash
Africa’s collateral economy: How gold, cocoa and copper are reshaping frontier bonds
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
WAEMU sovereign borrowing shifts to longer-term bonds as issuance doubles
Read More »

Recent Politics

Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »

Latest Posts

Latest news insights