Dra Es Salaam, Rabi'II 2, 1438, December 31, 2016, SPA -- Tanzania is in talks with banking giant Credit Suisse for a $300 million loan that would go towards financing infrastructure projects, the country's finance minister said today. Philip Mpango said Tanzania was also in separate talks with other lenders, including the Kuwait Fund for Arab Economic Development, the Abu Dhabi state fund Mubadala Development and the OPEC Fund for International Development (OFID) for an unspecified amount of loans. -- SPA 20:05 LOCAL TIME 17:05 GMT www.spa.gov.sa/w302301
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