Business

CRDB Bank Foundation, German Development Agency Launch TZS 3B Fund to Support Youth and Women Green Businesses in Tanzania

CRDB Bank Foundation and the German Development Agency (GIZ) have launched a TZS 3 billion program in Tanzania to support youth and women with capital, training, and financial education for green businesses. CRDB Bank Foundation also partnered with MazaoHub AgriClimate to empower farmers with modern and climate-friendly agricultural solutions.

The initiative is part of a broader program amounting to more than TZS 3 billion aimed at fostering sustainable enterprises led by young people and women.

CRDB Bank Foundation Managing Director, Tully Esther Mwambapa, said the collaboration focuses on empowering women and youth with skills and resources to create sustainable businesses and generate employment. Acting Project Leader at GIZ, Dennis Mbangulla, noted that many entrepreneurs face challenges such as lack of capital and modern business knowledge. He emphasized that this partnership will enable beneficiaries to access both professional support and funding to advance their enterprises. In addition, CRDB Bank Foundation has entered into a new partnership with MazaoHub AgriClimate Limited to support farmers in adopting modern, climate-friendly agricultural practices.

Read more at: https://www.tanzaniainvest.com/finance/banking/crdb-bank-foundation-giz-youth-women-green-businesses

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