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Tanzania: GuarantCo provides $50m guarantee to CRDB Bank 


Issue 422 - 10 Sep 2020

GuarantCo, part of the Private Infrastructure Development Group (PIDG), announced on 7 September that it has provided Tanzania’s largest bank, CRDB Bank, with a five-year shilling- denominated portfolio guarantee worth $50m.The guarantee is intended to help the bank to lend to infrastructure projects in the country.

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