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Remarks by Dr. Akinwumi A. Adesina, CON, CGH President and Chairman, Boards of Directors The African Development Bank Group - Tanzania High-Level Visit Dodoma Infrastructure Tour

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: development and emerging economies

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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina, CON, CGH President and Chairman, Boards of Directors The African Development Bank Group - Tanzania High-Level Visit Dodoma Infrastructure Tour

ContextRemarks during a high-level infrastructure tour in Dodoma, Tanzania; the African Development Bank finances Africa's development and works to close the continent's infrastructure gap.

Why it mattersThe AfDB leads a syndicated loan of up to 1.2 billion dollars for Tanzania's standard gauge railway.

Problems raised
  1. Tanzania needs transport infrastructure.
  2. Large projects need syndicated financing.
  3. Private lenders must be mobilised.
Solutions proposed
  1. Lead financing for the Standard Gauge Railway.
  2. Syndicate with Deutsche Bank and Société Générale.
  3. Mobilise up to $1.2 billion.
Read full speech on afdb.org ↗

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