african-development-bank

Roads to prosperity for East Africa

The African Development Bank has approved €345 million-worth of finance for new road schemes in Tanzania and Kenya. At a meeting in Abidjan it gave its support to loans for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangani-Bagamoyo roads Phase I. The road is a key component of the East African transport corridors network, connecting Kenya and Tanzania. The project will have spillover benefits for countries such as the Democratic Republic of the ... [+]