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
I&P closes €41m for IPAE 3, targeting €70m by 2026 Fund will invest €1-5m in 15-20 SMEs across West Africa and Madagascar IPAE...
Company to invest about $378 million globally over two years Africa to receive 94 % of funding, targeting seven key...
Parliament adopts CFA335.2 billion budget for 2026 transport programs Road transport receives the largest share, followed by air and rail...
Sierra Leone launched the Redsalt Angel Investment Network (RAIN) and signed a Framework Agreement with the Ministry of Communication, Technology, and...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
03

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
04

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
05

Botswana and Oman signed strategic agreements that include a 500-MW solar photovoltaic project. T...

Botswana, Oman Agree on 500-MW Solar Project in New Energy Partnership
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.