Africa · Eastern

Key Facts

—The bond. A TZS 262.5 billion (US$100 million) IFC bond listed on the London Stock Exchange in July 2026.

—The beneficiary. NMB Bank Plc receives the proceeds to expand lending to micro, small and medium-sized enterprises.

—The structure. Investors take IFC (AAA) risk, not Tanzanian sovereign risk, while gaining shilling exposure.