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
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...
Sassou-N'Guesso sworn in for new five-year presidential term Won 94.8% vote; opposition contests election transparency Pledges reforms amid economic...
Nigerian airlines warn of flight suspensions over soaring jet fuel Kerosene prices jump nearly 300%, far above global increases Supply risks, high...
Dakar airport Q1 passengers rise 2.45% to 735,370 Traffic boosted by AFCON; January busiest month Flights fall 4%, freight up 21.4% Senegal’s...
Central African Republic plans fuel corridor via Congo’s Pointe-Noire Project aims to diversify supply beyond Douala route dependence Structural,...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...