UK credit agency’s financing solutions for Tanzanian businesses
The UK’s export credit agency has expressed its readiness to support eco-friendly projects in Tanzania with a credit guarantee of nearly 2 billion pounds (about Sh6.4 trillion). PHOTO | FILE
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
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Dar es Salaam. The UK’s export credit agency has expressed its readiness to support eco-friendly projects in Tanzania with a credit guarantee of nearly 2 billion pounds (about Sh6.4 trillion).
The support from the UK Export Finance (UKEF) could come in the form of guarantees or direct lending in some circumstances, a senior official said on Monday.