AfDB commends President Magufuli for boosting his country’s economy

By Staff Reporter-MAELEZO

African Development Bank (AfDB) Board of Directors has commended President Dr. John Pombe Magufuli for his efforts in bringing economic revolution in the country.

The AfDB board of Directors led by Madam Lekhethe Mmakgoshi met President Magufuli at Lindi state house today where they discussed various issues of mutual interest.

Madam Lekhethe assured President Magufuli of the bank’s continued support of his efforts to revamp the economy and pledged to see to it Tanzania remains among the bank’s leading partners.

“We will work on your request to collaborate with your government in implementing big energy projects and construction of standard gauge central railway line” Madam Lekhethe told the president.

During the discussion, President Magufuli expressed his government’s appreciation and that of the people of United Republic of Tanzania for the support rendered by the African Development Bank which has enabled the country to implement various development projects.

“With AfDB support, we have managed to implement various development projects including major road networks such as Iringa- Dodoma which connects with Cape Town in South Africa up to Cairo Egypt and Namtumbo-Tunduru- Masasi road” He said and added that “AfDB is Tanzania’s key partner in development”

Dr. Magufuli praised the bank for providing affordable/soft loans enabling the government to implement many development projects but requested the later to ease access to and expediting loans delivery so that many projects can be timely executed. 

Meanwhile, contributing to the discussion, Dr. Namajeje Weggoro, member of AfDB Board of Directors and bank’s Executive Director for East Africa revealed that Tanzania was the leading recipient of AfDB loans and reassured the President that the bank would seriously consider his requests.