Tanzania: World Bank Lends Tanzania U.S.$60 Million for Houses

Dar es Salaam — The International Development Association (IDA), the soft loan agency of the World Bank Group is providing Tanzania with $60 million to fund affordable housing.

Philippe Dongier, the World Bank Country Director for Tanzania, Burundi and Uganda said last week, "Tanzania's rapid urbanization in recent years has underscored the urgency to improve access to finance for affordable housing.

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