Azania Bank gets USD 10 Million from Afreximbank to support Small and Medium-sized Enterprises in Tanzania

The African Export-Import Bank has extended a USD 10 million finance facility to Azania Bank to improve access to finance for SMEs in Tanzania. This funding will enable Azania Bank to provide working capital and medium-term financing to eligible SMEs, supporting their growth and participation in regional and international trade. In addition to financing, Afreximbank will provide business development support, including export readiness training and financial management advisory services.