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Eastern Africa

IFC Invests In Tanzanian Green Bond

The aim is to boost access to finance for climate-friendly developments.

October 30, 2023

By Sneha Abraham
The IFC played an anchor role in Tanzanian lender CRDB Bank’s first green bond in an effort to boost access to finance for climate-friendly development projects in the country. The IFC subscribed to 29.3% of the bond (equivalent to US$20 million in Tanzanian shillings), which was listed on the Dar es

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