ABIDJAN, Ivory Coast, May 28 -- VICE-PRESIDENT Dr Philip Mpango has attributed Tanzanias progress in infrastructure development to effective tax revenue collection, active private sector participation and the expansion of capital and bond markets, which are being increasingly leveraged to finance key national projects.

Dr Mpango made the remarks during a high-level panel discussion on “The Importance of Efficiently Utilising Africas Resources to Drive Development,” held at the opening of the Annual Meeting of the African Development Bank (AfDB) Governors Board in Abidjan, Ivory Coast.

“Given the crucial role of infrastructure in Tanzanias economic transformation, the government has intensified efforts to mobilise funds...