How the EU’s Sh1.4 trillion support will be spent by three Tanzanian banks

The President of Zanzibar, Dr Hussein Ali Mwinyi, speaks at the Tanzania - EU Business Forum in Dar es Salaam yesterday. The forum’s theme was Tap into Tanzania’s Investment Opportunities. PHOTO | Michael Matemanga

What you need to know:

  • The European lender signed agreement to pump 270 million euros to unlock a new credit line into CRDB Bank Plc, NMB Bank Plc, and KCB Bank