The Tanzanian bank NMB has secured financing of 262.5 billion Tanzanian shillings (100 million USD) through a five-year bond denominated in local currency and listed on the London Stock Exchange (LSE). The transaction is presented as a first for a financial institution in East Africa. Issued by the International Finance Corporation (IFC), the bond offers...
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Tanzania: NMB Bank raises 100 million USD through a shilling-denominated bond listed in London
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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