Eastern Africa
Tanzania Secures US$500 Million Deutsche Bank Loan
The loan will fund 50 infrastructure projects under the 2022/23 budget.
Tanzania’s Ministry of Finance has agreed a €450 million (US$500 million), seven-year lending facility with Deutsche Bank to finance 50 infrastructure projects in the country’s 2022/23 budget.
Deutsche Bank acted as the sole coordinating, mandated lead arranger and a lender on the dual tranche loan.
The first tranche comprises €300 million, fully
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