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AfDB and Tanzania sign $140m loan to finance Malagarasi hydropower plant

AfDB and Tanzania sign $140m loan to finance Malagarasi hydropower plant The agreements cover a $120 million sovereign loan from the Bank and $20 million from the Africa Growing Together Fund (AGTF), administered by the Bank. AfDB | Updated: 28-05-2021 10:28 IST | Created: 28-05-2021 10:28 IST The project is one of six transformative infrastructure projects, with a total value of $1.12 billion, that the African Development Bank has approved in Tanzania over the last three years. Image Credit...
Kigoma Region Nnenna Nwabufo Emmanuelm Tutuba Bank Group Year Development Plan Business Delivery Office

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