GuarantCo is providing a USD 100 million (equivalent in Tanzanian Shillings) portfolio guarantee to CRDB Bank Plc, one of Tanzania’s leading commercial banks.

This transaction is a five-year extension of the existing CRDB Bank facility guaranteed by GuarantCo in 2020.

It significantly strengthens CRDB’s capacity to support large-scale and impactful projects and accelerate access to long-term, affordable local currency financing that enables businesses to grow, create jobs and contribute meaningfully to national development priorities.

It will help mobilise private sector capital in the market and support the diversification of Tanzania’s growing economy. Tanzania’s real GDP was projected to have grown to 6 per cent in 2025 from 5.6 per cent in 2024 (S&P Global), supported by ongoing reforms, increased investment and a stable inflation environment.

As GuarantCo’s largest transaction to date, it represents a new high-water mark in terms of scale, signalling GuarantCo’s ability to execute significantly larger commitments while maintaining strong risk discipline. It also demonstrates GuarantCo’s growing institutional capacity to mobilise substantial volumes of private capital through established partnerships.

This guarantee will support the further growth of a loan portfolio of sustainable infrastructure projects, providing capital relief to support new eligible projects with over a third to be within the agriculture sector. The energy and industrial sectors will also be areas of focus.

It positions CRDB to play an even stronger role in supporting Tanzania’s infrastructure agenda and broader economic diversification.

This deal is aligned to the United Nations’ Sustainable Development Goals 8 (decent work and economic growth) and 9 (industry, innovation and infrastructure).