Tanzania’s aid from the African Development Bank has reached $2.3 billion (Sh3.7 trillion) in the last forty years. The funds were issued to 103 development projects in areas such as transport, agriculture, and public utilities, the AfDB new resident representative Tonia Kandiero told The Citizen in an exclusive interview.

In fact Tanzania has been the largest recipient of AfDB’s development arm, African Development Fund (ADF), whose aid to the country in between 2011 and 2013 would amount to $614 million.

“Over 45 per cent of the fund will be directed into roads, 25 per cent into general budget support, 14 per cent into agriculture and 12 per cent into vocational training and education,” Ms Kandiero said.

The ADF provides concessional loans and grants but currently Tanzania is a “loan-only-country.”
 AfDB has also supported non-lending programmes, including various analytical studies in the areas of domestic resource mobilisation and regional integration.

 Despite supporting a number of projects AfDB strategy for Tanzania is to support infrastructure development and building an enabling institutional and business environment in order to create a more inclusive and competitive economy.

To that respect AfDB also provides support to the private sector in terms of loans as well as equity investments.
Ms Kandiero added that under the  current five-year-assistance strategy for Tanzania the Bank is set to deliver its assistance through various modes, including stand-alone investment projects, general and sector budget support, regional operations, and where appropriate, non-sovereign private sector interventions or sovereign transactions with a private sector development objective.

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