AfDB: Tanzania and Kenya Receives €345Million

Tanzania and Kenya would enjoy a finance package of €345million as support for road construction by African Development Bank (AfDB) board.

The said support given by the bank is to construct Tanga-Pangani-Bagamoyo and Mombasa-Lunga (Lunga/Horohoro) roads.

Phase 1 of the funds, €345Million represents 78.5% of the total cost of the project (€399.7M). It would also be noted that the European Union granted €30M constituting 7.7% of the total cost to the Kenyan Government.

The road construction would help traders and manufacturers to transport goods cheaply and quickly. In addition to this, the road will also benefit the fishermen and farmers that it would make access to local and regional markets easier.

Also, the support will provide facilities for women who are roadside traders. The women are said to be working in unsafe conditions.

This first phase also carries 175km road construction comprising 54km Mombasa-Kilifi road section and 121km Mkanja-Pangani road section in Kenya.

Meanwhile, Kenya and Tanzania have made regional integration a priority. However poor infrastructure remains a constraint.

Mrs. Nnenna Nwabafo, the Acting Director-General of AfDB for the East Africa Region stated at the signing that;

“We are confident that we can all work together to accomplish this important task and other projects in the future,”

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