Thursday
August 28
2025

DEG Provides $50 Million Loan to Tanzania’s CRDB Bank to Boost Small Business Financing and Support Women and Youth Entrepreneurs

By Grace Ashiru

DEG, the German development finance institution, is providing Tanzania’s Cooperative Rural Development Bank (CRDB) with a long-term loan of $50 million (€43 million) to support small businesses, including those owned by women and young adults.

Source: Tech in Africa (link opens in a new window)

Categories
Investing
Tags
development finance, lending, MSMEs, startups, women entrepreneurs, youth