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December 7th, 2009
AfDB Approves USD 245 Million Loan for Tanzania Road Project

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ALL AFRICA – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development bank Group (AfDB) Group, approved on 2 December 2009 in Tunis, a USD 245 million (152 million UA*) loan to finance a road sector support project in Tanzania. This funding constitutes 66% of the total project coast estimated at USD 371 million (UA 230 million). Read More