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
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
Ghana faces strain on its electricity network due to about 1,000 overloaded transformers. Authorities plan large-scale replacement and capacity...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both countries emphasized improving the investment climate and...
Burkina Faso will require all IT technical certification applications to be submitted online starting April 1. The reform eliminates physical...
A Telecel entrou oficialmente no mercado de telecomunicações do Gana em fevereiro de 2023, ao assumir as operações da Vodafone, então em dificuldades....
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...