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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Board of Directors of the Group of
the African Development Bank (ADB)
approved a $10 million trade finance guarantee in
in favor of Exim Bank Tanzania Limited. The aim is to support Les Petites et
Medium Enterprises (SMEs) and local businesses, in order to unlock and
de-risking commercial transactions.
The guarantee facility granted to Exim Bank Tanzania
Limited will provide up to 100% guarantees to confirming banks
international payments against the risks of non-payment. This support will allow
unlock trade finance lines for Exim, to expand access
to essential imports and to strengthen the Tanzanian private sector. This
The facility is expected to support up to $60 million in
commercial transactions over three years. This support will help Exim reduce its
dependence on the rare guarantees in foreign currency required by
international banks, thus freeing up resources for more loans
productive to local businesses active in intra-African trade and
international.
Small and medium-sized enterprises (SMEs) represent
more than 90% of Tanzanian businesses and contribute a third to GDP. According to
Jaffari Matundu, director g é n :
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Mso-bidi-font-family:arial; mso-fareast-language:en">Exim Bank Tanzania Limited|| “the
SMEs and businesses are key drivers of ' industrialization, of the ' :
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and from the cr é Action ' :
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and this facility will remove barriers to cross-border trade while
paving the way for new partnerships with financial institutions
global and regional :
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EN">”.
A en Believe the head of trade finance, Lamin Drammeh, “this partnership with Exim Bank Tanzania Limited and é Moigne of l ' mso-fareast-font-family: "Times New Roman”; mso-bidi-font-family:arial; Mso-ansi-language:fr; Mso-fareast-language:fr; Mso-bidi-language:ar-sa">Commitment of the Group of FR; mso-bidi-language:ar-sa"> Bank African development to reduce the financing gap trade in Tanzania, allowing local businesses to be competitive globally and to create more jobs across the country
”.
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04/02/2026 - Secteurs
04/02/2026 - Secteurs
04/02/2026 - Secteurs
03/02/2026 - Secteurs
03/02/2026 - Secteurs
04/02/2026 - Secteurs