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

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

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 …

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TANZANIA PRESIDENT UNHAPPY WITH LOAN CONDITION FROM FINANCING AGENCIES

TANZANIA PRESIDENT UNHAPPY WITH LOAN CONDITION FROM FINANCING AGENCIES

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 …

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