Clarification on the African Development Bank’s Us$2.5 Billion Funding for Infrastructure Development in Tanzania

Written on 08 February 2025. Posted in Infrastructure

East African Community Headquarters, Arusha, Tanzania, 07^th February, 2025: The East African Community hereby issues clarification on the African Development Bank’s US$2.5 billion funding for transport infrastructure development projects in the United Republic of Tanzania.

Contrary to what has been reported by a section of the media, the US$2.5 billion from AfDB is not new funding as portrayed in the media but the bank’s current portfolio for ongoing transport projects including railways, roads and airports.

The US$2.5 billion constitutes 68% of the Bank’s current total investments in Tanzania.

For more information, please contact:

Simon Peter Owaka
Senior Public Relations Officer
Corporate Communications and Public Affairs Department
EAC Secretariat
Arusha, Tanzania
Tel: +255 768 552087
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

About the East African Community Secretariat:

The East African Community (EAC) is a regional intergovernmental organisation of eight (8) Partner States, comprising the Republic of Burundi, the Democratic Republic of Congo, the Republic of Kenya, the Republic of Rwanda, the Federal Republic of Somalia, the Republic of South Sudan, the Republic of Uganda and the United Republic of Tanzania, with its headquarters in Arusha, Tanzania. The Federal Republic of Somalia was admitted into the EAC bloc by the Summit of EAC Heads of State on 24^th November, 2023 and became a full member on 4^th March, 2024