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    President Samia Suluhu Seeks Financing For Women, Youth from AFDB

    Leah
    By Leah Wakarima
    - February 10, 2022
    - February 10, 2022
    Kenya Business news
    President Samia Suluhu Seeks Financing For Women, Youth from AFDB

    President Samia Suluhu Hassan on Wednesday held a meeting with the President of the African Development Bank Group (A/DB), Dr. Akinwumi Adesina, at the Chamwino State House in Dodoma.

    President Samia Suluhu thanked AfDB for its continued support to Tanzania in various sectors, including infrastructure, energy, water and agriculture. She added that Tanzania is ready to partner with the Pan-African lender in rolling out development programmes for the economic empowerment of Tanzanian women and youths, including petty traders popularly known as ‘Machingas.’

    “My government is very passionate about issues affecting ordinary people and is keen to work with the African Development Bank to ensure we empower women and youths of this country,” Samia Suluhu.

    President Samia Suluhu Hassan said Tanzania was 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.

    During his three day visit to Tanzania, Dr. Adesina offered full support to President Samia’s government, describing the AfDB as the partner of choice for Tanzania.

    “President Samia 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. 1 came to assure her that she will get extreme support from me and from the African Development Bank,” Dr. Akinwumi Adesina.

    He further added that one of the things they talked about with Madame President was soft infrastructure issues, such as giving women and youths including ‘Machingas’ in Tanzania access to financing 30 that we are able to really move them from informality to formality.

    “Young people don’t just want to go to Europe, they must thrive in Africa.” Dr. Akinwumi Adesina.

    Read also; Tanzania Receives $140 Million Grant from AfDB

    The Kenyan Wall Street

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