Tanzania - Country results brief 2017

Publishing Date 30/11/2017 11:26

Categories: Tanzania, Quality Assurance & Results

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Tanzania - Country results brief 2017 (5.33 MB)

Description <p>The African Development Bank is stepping up the pace in Tanzania by focusing on the “High 5s” — five priorities that are crucial for accelerating Africa’s economic transformation: Light up and Power Africa, Feed Africa, Industrialise Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa.</p> <p>This Tanzania Country Results Brief demonstrates the Bank’s recent progress in moving the country toward its goal of reaching middle-income status by 2025. It also highlights the Bank’s responsiveness to Tanzania’s needs, in moving closer to the field and providing the best value for money. Today the Bank has a Tanzania portfolio of 21 operations valued at $1.8 billion, which builds on the record of development results it has achieved in Tanzania since 2006.</p> <p>Light up and power Africa — About 70% of Tanzanians still live without electricity, and demand for energy is rising rapidly. Through the New Deal on Energy for Africa, the AfDB is working to unify efforts to achieve universal access to energy. The Bank has constructed 630 km of transmission and distribution lines.</p> <p>Feed Africa — 40% of Tanzanians live in food insecurity, while the country has vast arable lands. If the full potential of this land were unlocked, agriculture could vastly improve the lives of millions. The Bank has improved the lives of 4 million Tanzanians through improvements in agriculture.</p> <p>Industrialise Africa — A persistent lack of industrialisation is holding back Tanzania’s economy. Only a quarter of the population has access to finance. The Bank has supported financial institutions that granted 155 000 microcredits and investee projects that benefited 455 000 people.</p> <p>Integrate Africa — Through its Regional Integration Policy and Strategy, the Bank is focusing its integration efforts not just on movement of goods and services, but also on mobility of people and investments. It delivered 12 660 km of roads in Tanzania, facilitating trade and mobility.</p> <p>Improve the quality of life for the people of Africa — Tanzania’s economic growth has not been rapid or inclusive enough to create enough jobs and improve the quality of life. The Bank is committed to building up the availability of technical skills so that the Tanzanian economy can realise its full potential in high-technology sectors. The Bank provided vocational training to 3860 people and provided 1 million people with access to education.</p> <p>The Bank is committed to accelerating the pace of project delivery in Tanzania, with high-quality and gender-sensitive operations that bring about lasting changes in the lives of Tanzanians.</p>

Download File (5.33 MB)

Tanzania - Country results brief 2017 (5.33 MB)

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