CRDB Tanzania- AFDB

Africa

Region

158.7

Commitment (MNOK)

Active

Status

This is a collateralized risk participation guarantee of up to US$ 15MM to the African Development Bank (AfDB) (a multilateral development finance institution established in 1964 and headquartered in Abidjan, Ivory Coast) for a US$50MM subordinated loan to CRDB Tanzania.

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Key information

Sector:
Financial Inclusion
Commitment (MNOK):
158.7
Year:
2022
Region:
Africa
Country:
Tanzania, United Republic Of
Domicile:
Tanzania, United Republic Of
Instrument:
Loans
Status:
Active
Mandate:
Development

Additionality CRDB Tanzania

This investment is particularly additional on the following ambitions:

  • Investing in the poorest countries
  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in sectors with high development needs
  • Targeting underserved segments