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Infrastructure development in Tanzania: the AfDB pledges 2.5 billion dollars

10/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The East African Community (EAC) announced that the African Development Bank (AfDB) has committed $2.5 billion for the development of priority infrastructure projects in Tanzania.

The projects that will benefit from these funds will include the Tanzanian section of the 400km Tanzania-Kenya road connecting Bagamoyo, Pangani, Tanga, Tanga,, Horohoro/Lunga Lunga”, Serif">The projects that will benefit from these funds will include the Tanzanian section of the Tanzania-Kenya Highway connecting Bagamoyo, Pangani, Tanga, Tanga, Horohoro/Lunga Lunga Lunga, Mombasa and Malindi according to the AfDB's Chief Transport Engineer in Tanzania, Mumina Wa-Kyendo. According to him, the development of transport infrastructure was a key factor in facilitating trade and the integration of countries. According to him, “we need to have a region where transport works, put in place roads and railways that meet the best standards.” For him, this financing from the ADB is conditional on the effective implementation of projects, which is essential to unlock additional funds, according to Mr. Wa-Kyendo quoted by

the CAE.
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