Abu Dhabi’s ADFD funds USD105.4 million project in Tanzania

The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement of AED387 million with the Tanzanian government for a power project to enhance the country’s energy security.

The project’s primary objective is to fully connect the Kagera administrative region to the national electricity grid, reduce reliance on energy imports from Uganda, and provide sustainable and secure electricity sources for local communities, economic zones, and service facilities.