Six-Year Rural Electricity Deal Signed

The Tanzanian government and the World Bank signed a Memorandum of Understanding in which the latter will provide US$209 million for the implementation of six-year Rural Electrification Expansion Programme

The Tanzanian government and the World Bank signed a Memorandum of Understanding (MoU) in which the latter will provide US$209 million for the implementation of six-year Rural Electrification Expansion Programme.
 
The six-year project will also be financed by other Development Partners and other partners who will finance the project are Norway who will offer US$80 million, Sweden (US$70 million), European Union (US$50 million), England (US$42 million) and African Development Bank (US$5 million). Tanzanian government will issue 900m/- for the project.
 
The MoU was signed at Kwedizinga Village in Handeni District of Tanga Region between the representative of the World Bank, Bella Bird, and the acting director general of Rural Electrification Agency, Gissima Nyamo-Hanga.
 
To read the article titled, “Six-year 456bn/ - Rural electricity deal signed,” click here.

Source: 
All Africa

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