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
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
$287 million hospital project shows accelerated construction progress Authorities reaffirm 2027 commissioning timeline following site...
Mozambique starts solar plant project to power 1,200 households $12 million project backed by South Korea, built in Tete Initiative aims to...
Cotton prices hit 12-month high, rising 8.7% since December Gains driven by tighter supply, lower U.S. acreage forecasts Rising fertilizer...
Senegal broad unemployment rises to 23.3% in Q4 2025 Rate highlights underemployment beyond 5.4% ILO measure Youth, women, rural areas...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...