The African Export-Import Bank (Afreximbank) has extended a US$10-million finance facility to Azania Bank of Tanzania to improve access to funding for Small and Medium-sized Enterprises (SMEs) operating across Tanzania’s export value chains. The facility is also aimed at strengthening the ability of Tanzanian SMEs to participate in regional and international trade. Provided through Afreximbank’s Export SME Development Programme (ESDP), the financing will allow Azania Bank to offer eligible SMEs working capital and medium-term funding. The financing will support business expansion, acquisition of assets, as well as pre- and post-export activities. The...