It is reported that the African Development Bank (AfDB) and United States Agency for International Development (USAID), will extend 50% of the funding for the credit guarantee scheme to lend out USD 20million to Small and Medium Enterprises (SMEs) in Tanzania. The loans will be dished out in collaboration with CRDB.
This was revealed in a Memorandum of Understanding (MoU) signed between the three parties in Dar Es Salaam, yesterday.
For more information you can read The Guardian or The Citizen
Friday, September 5, 2008
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