CRDB Tanzania- AFDB
Africa
Region
158.4
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.
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 158.4
- 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