MCDF grants support key projects
DOHA, Sept. 29 -- TANZANIA has benefited from 6.7 million US dollars (equivalent to 17.73bn/-) in grants from the Multilateral Cooperation for Development Financing (MCDF) to prepare three strategic infrastructure projects since joining the fund as an observer in July 2025.
Finance Minister, Ambassador Khamis Mussa Omar, said the grants are supporting preparation of the Tanzania-Malawi 400kV Power Interconnector, the Lower Songwe Hydropower Project and the TanzaniaBurundi Standard Gauge Railway (SGR), which are expected to strengthen regional connectivity and attract investment.
He made the remarks while addressing a session of finance ministers, who are governors of the Asian Infrastructure Investment Bank, during the banks 11th Annual...
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