Tanzania signed three grant agreements worth EUR 25.68M with Germany to support water infrastructure, climate resilience, and conservation. The projects will enhance access to commercial financing for utilities and protect key ecosystems like Serengeti and Katavi.
The agreements were signed in Dar es Salaam by the Permanent Secretary of the Ministry of Finance, Dr. Natu El-maamry Mwamba, and KfW East Africa and EU Director Christoph Tiskens, along with German Deputy Ambassador to Tanzania, Manuel Muller. The funding includes EUR 10 million (TZS 30.6 billion) for the second phase of the Investment Financing Facility – Output Based Approach (IFF-OBA), designed to help Tanzanian water utilities access commercial loans for infrastructure development, with a provision for 50% project cost subsidies up to EUR 1 million for eligible authorities.
An additional TZS 2.08 billion has been allocated for the feasibility study of the “Climate Resilient Towns Project,” and EUR 15 million (TZS 45.9 billion) will go to the “Project for Sustainable Development of Protected Areas,” aimed at conserving Tanzania’s unique natural heritage while improving livelihoods around protected areas like Serengeti and Katavi-Mahale. Dr. Mwamba emphasized that the projects will incentivize water utilities to partner with commercial banks, ultimately enhancing water services and increasing revenue generation.
Read more at: https://www.tanzaniainvest.com/construction/germany-grant-water-conservation-projects
