Commercial bank
Appears in 1 story · Last updated Nov 9, 2026
Co-arranger of the syndicate
Tanzania signed a $1.2 billion commercial loan on November 4 to build a 411-kilometre electrified railway from Tabora to Kigoma, on the shore of Lake Tanganyika. Nine banks provided the money. An $800 million partial credit guarantee from the African Development Bank covers $720 million of the lending if Tanzania defaults.
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