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.
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).
Tanzania GDP Growth Among Strongest in Africa: WB Forecast
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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).
World Bank Approve USD225m for Tanzania Water Supply
The World Bank (WB) recently approved USD225m loan to improve access to water supply and sanitation services in Dar es Salaam.
Tanzania Up 12 Positions in WB Ease of Doing Business Ranking
Tanzania moved 12 positions up, from 144 in 2016 to 132 in 2017, in the latest World Bank (WB) Ease of Doing Business report issued…
Tanzania Sign USD209m MoU with World Bank for Rural Electrification Expansion
The World Bank (WB) signed a Memorandum of Understanding (MoU) with the Government of Tanzania to provide USD209m for the implementation of the country’s Rural…
World Bank Approve USD200m Loan to Expand Tanzania Rural Electrification
The World Bank (WB) approved the Tanzania Rural Electrification Expansion Project on 20th June 2016.