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Proparco Partners with CRDB Bank to Boost MSME Growth in Tanzania with €48 Million in New Guarantees

Summary by AppsAfrica.com | African Mobile and Tech News - Tech Events in Africa
Proparco renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution, by granting two new guarantees worth €24 million each, totaling €48 million. This collaboration with a trusted long-term partner is designed to drive growth and support high-impact MSMEs across Tanzania, fueling economic development and job creation.The signing ceremony took place on March 24th, in Dar es Salaam, in presence of H.E. Anne-Soph…
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AppsAfrica.com | African mobile and tech news - tech events in AfricaAppsAfrica.com | African mobile and tech news - tech events in Africa

Proparco Partners with CRDB Bank to Boost MSME Growth in Tanzania with €48 Million in New Guarantees

Proparco renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution, by granting two new guarantees worth €24 million each, totaling €48 million. This collaboration with a trusted long-term partner is designed to drive growth and support high-impact MSMEs across Tanzania, fueling economic development and job creation.The signing ceremony took place on March 24th, in Dar es Salaam, in presence of H.E. Anne-Soph…

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vz.ltvz.lt

Funding for portfolio guarantees increased from EUR 90 million to EUR 130 million

The Ministry of Economy and Innovation (EIMIN) is increasing funding for guarantees for small and medium-sized businesses by 44% from 90 million to 130 million euros, the ministry announced on Tuesday.

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vz.lt broke the news in on Tuesday, April 1, 2025.
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