Tanzania: African Development Fund Approves $50.7m COVID-19 Crisis Response Budget Support

Download logoThe Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) to Tanzania, to finance the nation’s response to the COVID-19 pandemic.

The loan, from the African Development Bank Group’s (https://www.AfDB.org/) COVID-19 Response Facility (CRF), will support the Government of Tanzania’s $109 million national COVID-19 response plan, which is jointly supported by the country’s other development partners. The

The post Tanzania: African Development Fund Approves $50.7m COVID-19 Crisis Response Budget Support appeared first on CNBC Africa.

CNBC AFRICA