Dar es Salaam. The European Investment Bank (EIB) has launched a €350 million (about Sh1.02 trillion) credit line to expand access to finance for Tanzania’s blue economy, including women-led enterprises and other key sectors.
Loans have already been signed with CRDB, NMB, and KCB banks, with more partnerships expected soon. So far, more than 11,000 micro, small, and medium-sized enterprises (MSMEs) and cooperatives have benefited from the initiative, officials confirmed.
