Loan to Tanzania for road project

Tanzania’s Dodoma City Outer Ring Roads project is to benefit from a loan provided by the African Development Bank (AfDB). The US$180 million loan from the AfDB will be used alongside the $36 million being provided by the Tanzanian Government for the work. In all the project will see 110km of road being constructed, including the ring road itself plus access roads and interchanges.
August 22, 2019 Read time: 1 min
Tanzania’s Dodoma City Outer Ring Roads project is to benefit from a loan provided by the African Development Bank (AfDB). The US$180 million loan from the AfDB will be used alongside the $36 million being provided by the Tanzanian Government for the work. In all the project will see 110km of road being constructed, including the ring road itself plus access roads and interchanges.
Finance & Funding

Related Content

  • Kenya-Tanzania road link being rebuilt
    November 14, 2017
    Work to improve the 445km road link connecting Kenya with Tanzania should commence in 2018. The African Development Bank (AfDB) is intending to put US$300 million into the project but is also seeking co-funding. A further $485 million will be needed to pay for the project, which should then take three years to construct. The route will run along the coastline, connecting Malindi in Kenya with Bagamoyo in Tanzania. Around 215km of the route runs through Kenya, with the remaining 230km in Tanzania. On the Ken
    Read More
  • Kenya-Tanzania connection partial funding found
    October 13, 2017
    A large chunk of the funding required for the improved road connection between Kenya and Tanzania has now been sourced. The African Development Bank (AfDB) will provide US$300 million of the financing required for the project. However the remaining $485 million of funding necessary still remains to be secured.
    Read More
  • Uganda’s new highway project revealed
    January 11, 2017
    Plans are being drawn up in Uganda for the upgrading of the Busega-Mpigi highway stretch. Funding worth US$151 million to help pay for the project is being sought from the African Development Bank (AfDB), which is being delivered in the shape of a loan. Busega lies on the eastern outskirts of capital Kampala and upgrading this 24km section of highway is necessary as it is suffers congestion at peak periods and is unable to cope with current traffic demands. Included in the work to improve this section of hi
    Read More
  • Kenya/Tanzania’s US$ 262.2mn transborder road
    April 23, 2013
    More than US$260 million will be spent on creating a 157.5km-long link road between Kenya and Tanzania. Of the total with $262.2 million project cost, the African Development Bank (AfDB) has offered a loan of $232.5 million, while the Africa Trade Fund will provide a trade grant of $740,000. The governments of Kenya and Tanzania have pledged $12.3 million and $15.6 million respectively. The project consists of a stretch between Voi and Taveta, Kenya as well as another between Holili and Arusha, Tanzania, an
    Read More

Highlighted Content