African Development Bank Group (www.AfDB.org) President Dr. Akinwumi A. Adesina began a three-day official visit to Tanzania on Monday. The visit signals strong ongoing support by the pan-African lender for transformative infrastructure in the country.
The Bank Group chief will meet with President Samia Suluhu Hassan and senior members of government. On Wednesday, Adesina will join President Hassan for the foundation stone laying ceremony for the 112.3 km Dodoma City Outer Ring Road co-financed by the Bank.
Once a market town in central Tanzania and the country’s capital since 1996, Dodoma will now see the laying of groundwork for one of the largest road projects in the whole of East and Central Africa. The circular highway forms part of a masterplan to transform greater Dodoma into a thriving, sustainable city for its 2.4 million people. It is expected to shore up Dodoma’s reputation as an academic city and tourist destination.
The African Development Bank Group is a major project funder. Its Board approved funding for the Dodoma City Outer Ring Road project in 2019. The total project cost is $214.69 million. The Bank Group is financing 64% of this or $137.3 million. The government of Tanzania’s contribution is $34.5 million, while an additional $41.8 million comes from the Africa Growing Together Fund, financed by the People’s Bank of China.
Meeting with international development partners on Monday, Adesina said: “Tanzania is making good strides in infrastructure development as it continues to construct roads linking to highways as in Dodoma and other parts of the country.”
The African Development Bank’s Director General for East Africa, Nnenna Nwabufo, said: “Improving the lives of the people of Tanzania is our key mandate, and this visit reinforces the importance that the African Development Bank places on the country. The Bank remains a trusted partner of Tanzania.”
Overall, Adesina’s visit is expected to strengthen the already solid relationship between Tanzania and the Bank Group, reinforcing the country’s determination to become a middle-income economy.
Tanzania, a founding member of the African Development Bank, enjoys one of the largest Bank portfolios in the East Africa region. In January 2022, the Bank’s active portfolio consisted of 23 operations valued at $2.5 billion. Infrastructure accounts for 87% of the portfolio value, out of which transport covers 62%, followed by energy (16%), and water supply and sanitation (9%). Agriculture, finance, and multisector make up 13% of the portfolio. Sovereign operations totaled $2.32 billion.
Distributed by APO Group on behalf of African Development Bank Group (AfDB).
Media contact:
Joyce Mulama
Communication and External Relations Department
African Development Bank
email: j.mulama@afdb.org
About the African Development Bank Group:
The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org
This Press Release has been issued by APO. The content is not monitored by the editorial team of African Business and not of the content has been checked or validated by our editorial teams, proof readers or fact checkers. The issuer is solely responsible for the content of this announcement.
Download logoAfrican Development Bank Group (www.AfDB.org) President Dr. Akinwumi A. Adesina began a three-day official visit to Tanzania on Monday. The
Wakenya kujeni muone nchi yenye gdp kubwa na mipango kambambe tunaacha nafasi katikati kwa ajili ya brt nyinyi ring road mmejenga tuu kiholelaholela alafu baadae uko mbeleni muanze kuchora lami tena kwaajili ya brt 😅
😀 Wabongo watajua tu wewe ni mkenya, Kunyoosha Kiswahili ni ngumu sana kwa mgeni hususani wakenya wenye accent za kulegeza midomo kizezetazezeta ndio kabisa hutaweza
MY friend hakuna hata senti moja kenya imetoa...bichi kidimbwi.....mchina alivyo ona kenya inakua kwa haraka akaamua....kujenga hii bara bara mwenyewe....atatoza kodi kwa miaka 27, na baada ya miaka 27 kenya itaichukua hiyo barabara na kuwa free...huu mchoro ulichorwa na raila kama engineer enzi zake na kibaki...ni project ya kitambo ila tulikuwa tunamalizia zingine...na bado nyingi zaja.
Kwa mradi huu wa nairobi express way serikali wala mkenya yeyote haja gharamika..huu mradi unaitwa PPP yaani public private partnership.
HUU mradi unafaida mkubwa sana kwa wakenya....Nilishasema hapo mbeleni kwa uzi huu lakini kawaida yenu nyinyi bichi vidimbwi ni slo learners.
nitarudia tena;
ujenzi wa huu mradi unatekelezwa na wakenya chini ya uongozi wa mchina....faida kwa wakenya
huu mradi ukiisha.. utaandika wakenya wengi zaidi. faida kwa wakenya.
watakao lipia ni yeyote atakayetumia hii bara bara tuwala sio wakenya wote au serikali...na ni hela kidogo tu around 100 ksh.. Na nina jua kuna wa TZ kadha wata washwa waje kuitumia walipie pia😊
ushuru utakao tozwa hapo utakuwa unafaidisha wakenya.
Hadhi ya kenya imezidi kuenda juu kutokana na barabara hii.
baada ya 27 years mchina ataikabidhi bara bara hii kwa serikali na kuenda zake hata kama faida yao haijarudi yote....
hii ni risk kubwa sana kwa mchina lakini kwa imani mchina alio nao kwa nchi ya kenya anaamini faida yake itakuwa imerudi kabla ya 27 years.
Kwa hivyo eleweni mambo nyie wa tanzanania kabla ya kukurupuka na maneno...wakenya ni werevu na hatuwezi fanya miradi kwa njia za kipuzi kama tz.
Wakati wa Madaraka ya shujaa huyu mhalifu alikuwa kiongozi na hakushutumiwa Kwa uhalifu wake. At least sasa utawala bora unarudi. Take his ass to court!
JamiiForums uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.