ESBC Launches in Tanzania

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IMF Tanzania flag
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IMF Concludes Staff Visit to Tanzania, Reports 5.4% Growth in Q1 2025 Supported by Strong Performance in Mining, Agriculture, Manufacturing, and Construction

The IMF concluded its mission to Tanzania in September 2025, reporting 5.4% growth in Q1 2025, low inflation at 3.4%, and strong performance in mining, agriculture, and manufacturing. In 2025, high gold prices and strong tourist arrivals are expected to sustain export momentum and help maintain a moderate current account deficit.
Tanzania Lake Victoria Water and Sanitation Project upgrade
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Lake Victoria Water and Sanitation Project Completes €150 Million Upgrade in Mwanza, Improving Water Access for 450,000 People

The €150 million Lake Victoria Water and Sanitation Project has expanded and upgraded water and sanitation systems in Mwanza and surrounding towns, with the new Butimba Water Treatment Plant providing 44,000 cubic meters of water per day to 450,000 people. The project was funded by AFD, EIB Global, the EU-Africa Infrastructure Trust Fund, and the Tanzanian government.