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
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
GOIL cuts fuel prices at about 150 service stations Reduced prices apply to gasoline and diesel products Move follows strong 2024 profits...
Congo plans new undersea cable amid WACS internet disruptions Authorities say link could be operational within weeks Government orders...
Mauritania and Morocco sign agriculture, veterinary cooperation agreements in Nouakchott Deals establish new schools, training programmes, and...
Nigeria launches research-to-commercialisation policy, sets up implementation committees Policy targets turning publicly funded research into...
Bamako hosted the first International Festival of African Documentary (FIDAB) from January 16 to 18, 2026, screening 12 African films. UNESCO...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...