Browsing: AfDB loans to Tanzania

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  • Tanzania will receive $73.5 million to finance a programme that will boost its food production by a million tonnes
  • The African Development Bank Group (AfDB) said its board had approved the funding, which will go into the Tanzania Agricultural Inputs Support Project
  • The project, which will span from September 2022-June 2025, was designed under AfDB’s African Emergency Food Production Facility to tackle a potential food crisis exacerbated by the war in Ukraine

In the next three years, Tanzania will receive $73.5 million to finance a programme that will boost its food production by a million tonnes.

In a statement, the African Development Bank Group (AfDB) said its board had approved the funding, which will go into the Tanzania Agricultural Inputs Support Project.

The project, which will span from September 2022-June 2025, was designed under the Bank Group’s African Emergency Food Production Facility to tackle a potential food crisis exacerbated by …