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Eastern Africa

IFC Invests In Tanzanian Green Bond

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


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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