Credit Suisse to Lend Tanzania $200 Million for Projects
- Money to be used to boost energy and rail infrastructure
- Priority projects include Standard Gauge Railway, hydropower
Photographer: Trevor Snapp/Bloomberg
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Credit Suisse Bank is to lend Tanzania $200 million to implement energy and rail infrastructure projects, the finance ministry said.
The U.K. arm of the Swiss bank will lend the Dodoma-based government the facility in the 2018-19 financial year, Tanzania’s finance ministry said in an emailed statement.