Tanzania, June 5 -- Dar es Salaam. Stanbic Bank Tanzania has secured a Sh70 billion facility to expand lending to small and medium-sized enterprises (SMEs), particularly those operating in sustainable agriculture and related value chains.

The financing was structured in two phases, comprising a Sh50 billion tranche secured and drawn in 2025 and a further Sh20 billion facility drawn in 2026. The funding is expected to deepen access to local-currency financing and support inclusive economic growth.

The facility was arranged in partnership with Finance in Motion and the eco.business Fund and will be channelled towards businesses involved in agriculture, processing, trade and other sectors that contribute to productivity, employment and lon...