Tanzania, Sept. 26 -- The African Development Bank Group Board of Directors has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited to unlock and de-risk trade deals.The facility will provide up to 100 percent guarantees to international confirming banks against risks of non-payment. This support will release trade finance lines for Exim, expand access to essential imports, and strengthen Tanzania's private sector.The new facility is expected to support up to $60 million in trade transactions over three years. The support will help Exim reduce its dependence on scarce foreign exchange collateral required by international banks, thus freeing resources for more productive lending to local busines...