EADB signs Sh63.2 billion deals to accelerate growth in Tanzania

EADB Acting director general, Benard Mono (left), and Tanzania Mortgage Refinance Company Limited CEO, Mr Oscar Mgaya, sign a financing agreement in Dar es Salaam on Monday, June 23, 2025. PHOTO | THE CITIZEN CORRESPONDENT

By  Julius Maricha

What you need to know:

  • The financing facilities involve TIB Development Bank (Sh30 billion), Tanzania Mortgage Refinance Company Limited (TMRC) (Sh20 billion), and Azania Bank Plc (Sh13.2 billion)

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