African Development Bank approves $107.8 million to promote Tanzania’s green and resilient recovery from Covid-19 impacts

June 19, 2023 AELEX Admin 0 Comments

The Board of Directors of the African Development Bank Group has approved a $107.8 million loan to Tanzania to bolster governance and industrial competitiveness and reinforce social inclusion. The budget support loan will underwrite Tanzania’s Economic Competitiveness and Social Inclusion Programme (ECSIP), an initiative to drive Tanzania’s sustainable recovery from the effects of the Covid-19 pandemic and Russia’s invasion of Ukraine. Read more

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