Public Management

World Bank supports education in Tanzania with $500mln

World Bank supports education in Tanzania with $500mln
Thursday, 02 April 2020 16:41

Tanzania will benefit from a $500 million financing granted by the World Bank, the institution announced in a statement.

The money will be directed toward the secondary education quality improvement program (SEQUIP) which aims to build more schools in the country, improve the quality of education given to students and send more children to school. The project targets more than 6.5 million students in secondary school.

Of the 100 children who start school in Tanzania, less than half finish primary school and only three complete their upper secondary schooling. This is a crisis. This project will support better quality secondary education while helping make school a safer place where children can thrive, and where all girls, no matter the circumstances, have a pathway to complete their secondary education,” said Jaime Saavedra (pictured), Global Director for Education for the World Bank.

In view of ensuring the effectiveness of its strategy, the lender said the fund will be disbursed via a gradual disbursement mechanism. “This is an important step in addressing the challenges that Tanzania’s children face throughout their education. The World Bank will continue the dialogue with the government on broader issues concerning equal treatment of schoolchildren,” said Mara Warwick, World Bank Country Director for Tanzania.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Burundi launched e-KORI digital platform for online tax filing, payments Project aims to boost domestic revenue, reduce reliance on foreign aid World...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
04

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
05

Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...

Mauritania shapes power supply growth around gas and renewables
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.