The African Development Bank (AfDB) has set aside USD 2.3 billion for financing various development projects in the country.
The AfDB Resident Representative in Tanzania Dr Tonia Kandiero revelled this yesterday when he met with President John Magufuli at the State House in Dar es Salaam.
During their talks Dr Kandiero congratulated President Magufuli for being elected to the country’s top job and assured him that his Bank would continue collaborating with Tanzania on development issues as it has been doing in the previous government.
Dr Kandiero added that in its plans AfDB had focused on issuing loans on energy and transport sectors.
However President Magufuli also assured Dr Kandiero that his government would continue cooperating with the Bank in implementing different development projects.The President also called upon ADfB minimise the procedures towards the implementation of the projects and instead come up with a system which will enable the projects to start within a short time after the release of the funds.
Magufuli also applauded AfDB for its decision to focus on energy and transport and urged him to consider supporting the construction of the central line at the standard gauge.
Meanwhile, President Magufuli also met with Ambassador of Rwanda to Tanzania, Uegene Sagore Kayihura at the State House in Dar es Salaam and assured him that Tanzania would continue to cooperate with Rwanda for the benefit of people in both countries.
In their talks Ambassador Kayihura conveyed congratulatory message from Rwanda President Paul Kagame for being elected the fifth phase government President.
Kayihura said President Kagame was happy with the actions being taken by President Magufuli especially in the management and performance of the country’s ports.
President Kagame assured President Magufuli that Rwanda was ready to cooperate with Tanzania by using Dar es Salaam port of which 70 per cent its cargo pass through the port.
SOURCE: THE GUARDIAN
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