President John Magufuli Archives

AfDB LOANS USD 455 MILLION FOR CONSTRUCTION OF TANZANIA’S NEW AIRPORT

Posted on November 1, 2019November 1, 2019 by Gambeta News

African Development Bank (AfDB) approves USD 455 million for the construction of a ring road and Tanzania’s new airport in the new capital Dodoma. The President of AfDB Akinwumi Adesina approved the loan at the bank’s headquarter in Abidjan in a meeting with the Minister of Foreign Affairs and East African Cooperation Palamagamba Kabudi. According the Adesina the loan was approved a means of supporting the economical improvement noticed with President John Magufuli. Also he…

TANZANIA PRESIDENT UNHAPPY WITH LOAN CONDITION FROM FINANCING AGENCIES

Posted on December 3, 2018 by Gambeta News

President John Magufuli unhappy with loans condition but assures that they can repay the money. President John Magufuli is unhappy with the loan condition set by some multilateral financing agencies. According to him Tanzania has the resource to pay, but that the loan is getting to much. The President made the statement during the launching of a major water project and sanitation projects in Arumeru district. The project was the laying down of a foundation…