Public Management

The Tanzanian govt has set up a $200 loan program for high school students

The Tanzanian govt has set up a $200 loan program for high school students
Wednesday, 22 July 2020 16:54

The government of Tanzania plans to set up a $200 loan program to help students in high schools. The information was reported following a council of ministers held on July 21.

According to the institution, the operation called Higher Education Students' Loans Board (HESLB) will target 145,000 students (including 54,000 freshmen) in the country's universities and higher education institutions for the academic year 2020-2021.

This comes at a time when the pandemic has disrupted the Tanzanian academic year. After three months of closure to slow the spread of the virus, the authorities decided to reopen schools at the end of June.

In this difficult context, the HESLB operation aims to help Tanzanian students finance their studies. The new funds are moreover higher than the $194 million that was granted for the year 2019-2020, which had benefited 132,119 students in total. Loan applications are expected to be submitted between July 21 and August 31, 2020.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Senegal approves payment for its capital subscription to the African Energy Bank (AEB) APPO says the contribution brings the bank “closer to...
Ethiopia may receive about US$261 million once the review is approved. The ECF programme supports the country’s Homegrown Economic Reform (HGER)...
IFC considers €75.25 million investment in cocoa processor Guan Chong Funds to expand cocoa processing plant in Côte d’Ivoire Project...
Membership grants access to project finance, equity, and risk tools Move supports Horizon 2035 plan to diversify beyond hydrocarbons Equatorial...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
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.