Tanzania, July 20 -- Dar es Salaam. NMB Bank Plc and Mantrac Tanzania Limited have signed a partnership to improve access to financing for machinery and equipment used in mining, construction, infrastructure, energy and manufacturing.

The agreement combines NMB's financing capacity and nationwide network of more than 250 branches with Mantrac Tanzania's expertise in supplying and servicing Caterpillar equipment, including mining and construction machinery and power generators.

The memorandum of understanding was signed in Dar es Salaam by NMB Chief of Retail Banking, Mr Filbert Mponzi, and Mantrac Business Planning and Operations Director for the East Africa Region, Mr Levite Dongmo.

Under the arrangement, eligible customers will be ab...