AfDB pledges $2.5 billion for Tanzanian infrastructure, focusing on roads, railways, and airports to boost trade.

The African Development Bank (AfDB) has pledged $2.5 billion for infrastructure projects in Tanzania, including the 400-km Tanzania-Kenya road, which is part of the East Africa Coastal Transport Corridor. The funding, aimed at boosting economic development, is contingent on efficient project implementation. Key projects include roads, railways, and airports, with a focus on improving regional trade and integration.

5 weeks ago
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