World Bank To Support Tanzania 2019/20 Budget With USD 1.7 Billion
The World Bank (WB) has agreed to provide Tanzania with a concessional loan and support worth USD 1.7 billion, equivalent to approximately TZS 4 trillion,…
World Bank
World Bank Tanzania
Tanzania currently holds the fourth largest portfolio in the World Bank Africa region with 28 national projects with net commitments of about USD4.2b.
Tanzania also participates in seven regional projects with a total commitment amount of USD550.8m.
Supporting the World Bank’s program for Tanzania, the International Finance Corporation’s (IFC’s) total investment stands at USD227.4m focusing on: oil, gas and mining (USD77.2m), agriculture and forestry (USD33.7m), finance and insurance (USD84.9m), accommodations and tourism services (USD25.5m) and energy (USD6.18m).
World Bank to Continue Tanzania Financing
On 19th November 2018, the World Bank (WB) issued a statement about its missions and intended financial support to Tanzania.
Tanzania Down 7 Positions in WB Ease of Doing Business Ranking
Tanzania moved 7 positions down, from 137 in 2017 to 144 in 2018, in the latest World Bank (WB) Ease of Doing Business report issued…
World Bank Approve USD350m for Water Supply in Rural Tanzania
The World Bank (WB), through the International Development Association (IDA), approved on 26th June 2018 a loan of USD 350 million to improve water supply…
Tanzania Economic Growth Remain Strong But Is Expected to Soften
The World Bank (WB) recently published its 16th edition of the Africa’s Pulse, a biannual analysis of African economies, confirming the robust growth of Tanzania.
Tanzania GDP Growth Among Strongest in Africa: WB Forecast
The World Bank (WB) recently published its fifteenth edition of the Africa’s Pulse, a biannual analysis of African economies, stressing the resilience of Tanzania’s economic…
Lower Credit Cost Needed to Support Tanzania Economic Growth, WB Indicates
Measures to extend access to credit and reducing its cost are urgently required to support the economic growth of Tanzania, the World Bank (WB) indicates…
Tanzania Economy Resilient but Government Spending and Right Policies are Needed, World Bank Says
The World Bank (WB) published the ninth edition of its Tanzania Economic Update in April 2017, showing a strong and resilient economy, which however may…
Tanzania to Access USD 2.4 Billion from World Bank
The World Bank Group announced that Tanzania will access up to USD 2.4 billion in concessional financing over the next three years, an increase of…
World Bank Approve USD130m to Improve 8 Tanzanian Cities
The World Bank Board of Executive Directors approved up to USD130 million in additional financing for the Tanzania Strategic Cities Project (TSCP).