Afreximbank Extends $10 Million Facility to Azania Bank to Support Tanzanian SMEs

African Export-Import Bank (Afreximbank) has extended a US$10-million finance facility to Azania Bank of Tanzania (Azania Bank) to improve access to finance for Small and Medium-sized Enterprises (SMEs) across Tanzania’s export value chains and to strengthen their participation in regional and international trade Delivered under Afreximbank’s Export SME Development Programme (ESDP), the facility will enable Azania Bank to provide eligible SMEs with both working capital and medium-term financing