Tanzania, March 19 -- Dar es Salaam. Stanbic Bank Tanzania has facilitated trade transactions worth Sh200 billion between Tanzanian and Chinese businesses over the past five years, reflecting the growing trade and investment ties between the two countries.

The transactions have been handled since 2020 under cooperation between Stanbic Bank Tanzania and its parent company, Standard Bank Group, aimed at strengthening financial links between Africa and China.

Speaking in Dar es Salaam recently, Stanbic Bank Tanzania's Head of Business and Commercial Banking, Mr Fredrick Max, said the bank introduced a dedicated Tanzania-China trade window after Standard Bank Group established an Africa-China trade desk to support cross-border business.

"T...