CRDB Bank Plc has secured approval from Tanzania’s Capital Markets and Securities Authority (CMSA) to issue the country’s first Multicurrency Medium Term Note Programme (MTN) with green, social, and sustainability components, valued at TZS 780 billion (USD 300 million). As the largest corporate sustainability bond in Sub-Saharan Africa, this milestone aligns with the International Capital Markets Association (ICMA) principles and will fund impactful climate adaptation and socio-economic development projects.
Read more : https://www.cmsa.go.tz/news/crdb-green-bond