NEWS WIRE: Tanzania: US Agency for International Development to Provide $10m for Agricultural Microfinance
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Thursday, November 5, 2009

NEWS WIRE: Tanzania: US Agency for International Development to Provide $10m for Agricultural Microfinance

» Posted by in Category: Africa at 10:33 am

Source: Reuters.

Complete article available online.

DAR ES SALAAM, November 3 – The United States will give Tanzania a USD 37.7 million economic stimulus package to help the poor country weather the impact of the world financial crisis, a senior U.S. treasury official said late on Monday….

U.S. donor agency USAID will also provide up to USD 10 million in microfinance for more than 1,000 small agribusinesses in the next five years. The U.N.’s World Food Programme will feed students in areas affected by declining prices of exports such as cotton, horticulture, coffee and gemstones….

Complete article available online.

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