World Bank approves opposed $500m education loan to Tanzania

World Bank approves 500 mln USD credit to improve secondary education in Tanzania  cgtn.comTanzania: World Bank Approves Opposed $500m Education Loan to Tanzania  AllAfrica - Top Africa NewsWorld Bank approves opposed $500m education loan to Tanzania  The Citizen DailyView Full coverage on Google News

Abidjan, Cote d’Ivoire - The Board of Directors of the African Development Bank Group (AfDB) on Friday approved loans amounting to US$98.22 million to finance the first phase of East Africa’s Centres of Excellence for Skills and Tertiary Education in Biomedical Sciences programme in Kenya Rwanda, Uganda and Tanzania. 
The project aims to contribute to development of relevant and highly skilled workforce in biomedical sciences to meet East African Community (EAC) immediate labour market needs...

The World Bank’s board of executive directors has approved $300 million (about Sh525 billion) development financing to directly improve key services for about half a million people in Dar es Salaam. The credit is from the high-concessional International Development Association (Ida) and it targets the new Dar es Salaam Metropolitan Development Project (DMPD).

The World Bank postpones a $90m (£54m) loan to Uganda after President Yoweri Museveni signed a tough and controversial new anti-gay law.

Ahead of World Education Forum 2015, Bank Group says poor education quality has ‘serious consequences’ for ending extreme poverty
INCHEON, Republic of Korea, May 18, 2015 – On the eve of the landmark World Education Forum 2015, the World Bank Group announced that it will double results-based financing for education to US$5 billion over the next five years. The new financing is part of the Bank Group’s commitment to end extreme poverty in the world by 2030 by improving both the quality and...

Tanzania: Muhongo to Invest Sh90 Million Bunge Car Loan in Education Sector
AllAfrica.com
Musoma — The newly appointed minister for Energy and Minerals, Prof Sospeter Muhongo, said he will invest the Sh100 million he was given by Parliament as a loan to purchase a vehicle in the education sector in his constituency. He told The Citizen on ...

   Mr Sunday Shomari of VOA's Swahili Service (left) chats with senior officials from the Treasury before the signing ceremony of  a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on...

StarAfrica.com
Tanzania gets $122m W/Bank education project
StarAfrica.com
Tanzania's “Big Results Now in Education” program, which aims to raise the quality of education in the country's primary and secondary schools, will receive a $122 million credit over the coming four years, the World Bank said on Friday.Commenting on the ...
Tanzania: World Bank to Help Millions of Children Learn More in School ...AllAfrica.com

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The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Loan of USD 144.9 million1, to Kenya - Tanzania Power Interconnection Project.
The project will allow the two countries to exchange power. In addition, the Kenya-Tanzania Interconnection Project plays an important role in promoting regional integration through power trade.
The project is expected to improve the supply, reliability and affordability of electricity in the...