Tanzania: President Samia seeks financing for women, youth from AfDB

Tanzania is ready to partner with the Pan-African leaders in rolling out Development programmes for the economic empowerment of Tanzanian women and youths, including petty traders popularly known as ‘Machingas’, according to President Samia Suluhu Hassan.

President Suluhu was speaking Wednesday when he held a meeting with the President of the African Development Bank Group (AfDB), Dr. Akinwumi Adesina, at the Chamwini State House in Dodoma.

President Samia who thanked AfDB for its continued support to Tanzania in various sectors, including infrastructure, energy, water and agriculture noted that her government was ready to take part in AfDB’s Affirmative Finance Action for Women in Africa (AFAWA) programme.
“My government is very ready to take part in AfDB’s Affirmative Finance Action for Women in Africa (AFAWA) programme, which is a Pan-African initiative aimed at bridging a $42 billion financing gap facing women in Africa.”
On his part, Dr Adesina offered full support to President Samia’s government, describing the AfDB as ´a partner of choice for Tanzania.´
“She is an action-driven President. She is an example not only for women and girls in Tanzania, but also for women and girls in Africa and everywhere. I came to assure her that she will get extreme support from me and from the African Development Bank,” he said.
“One of the things we talked about today with Madame President was soft infrastructure issues, such as giving women and youths including ‘Machinga’s’ in Tanzania access to financing so that we are able to ready move from informality to formality, Young people don’t just want to go to Europe, they must thrive in Africa.”

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