Crdb Bank Partners With Findev Canada, Deg Shelter Afrique On Usd 120m Inclusive Finance Drive

8 Hour(s) Ago    👁 2
 

CRDB Bank has entered three landmark partnerships with leading development finance institutions, FinDev Canada, DEG KfW Group, Germany, and Shelter Afrique Development Bank ShafDB , marking a significant milestone in its transformation journey to advance inclusive and sustainable finance across Africa.

The Memorandum of Understanding MoUs were signed during the CRDB Bank Investors and Partners Forum, held on the sidelines of the World Bank and IMF Annual Meetings in Washington D.C., in partnership with Invest Africa. The high-level forum convened global investors and senior government officials from Tanzania, Burundi, and the Democratic Republic of Congo DRC. Distinguished attendees included the Minister of Finance of Burundi, the Minister of Information of the DRC, the Governors of the Central Banks of Tanzania and Burundi, the Ambassadors of Tanzania and Burundi to the United States, and the Permanent Secretary Treasury from the Ministry of Finance of Tanzania, Dr. Natu El-Maamry Mwamba, who is leading the Tanzania delegation to the World Bank and IMF Meetings and served as the Guest of Honor.

East Africa faces persistent gaps in financing for MSMEs, climate-smart agriculture, and affordable housing. CRDB Bank has positioned itself as a regional driver of transformation, addressing these challenges by mobilizing capital, expertise, and technology to create tangible impact for communities and businesses.

Disclaimer: We are a news aggregator. See full disclaimer here.