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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime ag...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Zanzibar begins building Mangapwani port to decongest Malindi and boost regional trade New port will handle 200,000 TEUs and 1 million tonnes of...
Strathmore University launches a $21 million STEM complex to boost applied research and innovation Kenya counts only about 25% of...
South Africa exported $1.3 billion of agricultural goods to the Middle East in 2025 Rising geopolitical tensions disrupt logistics and...
Arise IIP plans to invest more than $3 billion in Kenya over five years The company will develop three export-oriented industrial...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...