DODOMA, July 10 -- TANZANIA yesterday signed three major grant agreements with the Federal Republic of Germany, through the German Development Bank (KfW), worth 25.68 million euros (approximately 78.58bn/-) to finance key projects focused on water supply, climate resilience and biodiversity conservation.
Speaking during the signing ceremony, Permanent Secretary in the Ministry of Finance, Dr Natu Mwamba said the grant is expected to bolster Tanzanias efforts in sustainable environmental management and improved access to water services.
Elaborating, Dr Mwamba said the grant is going to finance Investment Financing Facility – Output Based Approach (IFF-OBA) programme, with 30.60 bn/-, Financing the feasibility study of the project f...
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