AFRICAN DEVELOPMENT BANK GROUP

PRESS RELEASE African Development Fund( ADF) Board of Directors Approves US 52.55 Million Loan for the Support of Tanzanias Technical Vocational Education and Training and Teacher Education Project
The Board of Director of the African Development Fund (ADF), on Wednesday, 2 April 2014 in Tunis, approved a US$52.55-million (UA 34 million) to help finance a Technical, Vocational Education and Training and Teacher Education programme (TVET) in Tanzania. The Support to Technical Vocational Education and Training and Teacher Education programme aims at enhancing human resources development in order to support inclusive economic growth. It will promote increased access and improved quality and equity of technical vocational education and training as well as enhance capacity building for secondary teacher education in science and mathematics. Conceived within the context of the national human resource development priorities and in support of the development of skills in the country, the project falls within the priorities of the Banks county Strategy for Tanzania. It is also in line with the Banks own priorities as stated in its 2013-2022 strategy. Specifically, the programme is expected to deliver expanded infrastructure to 13 institutions with about 8,000 trainees attending at any given time; expanded and extensive use of ICT in instruction at 53 institutions; and increased capacity for teaching, policy formulation, planning and quality assurance in technical vocational education and teacher education. The programme, to be implemented over a period of five years, falls within the context of the national human resource development priorities and in support of the development of skills in the country. It is also in line with the priorities of the Country Strategy Paper as well as the Banks own priorities as stated in its 2013-2022 strategy.
_________________________________________________________________________________
International House (5th Floor), Garden Avenue, P.O. Box 6024, DAR ES SALAAM, Tanzania Tel: (+255) 22 212 5281/2; Fax: (+255) 22 212 5283; Internet: www.afdb.org

The ADF loan will finance 90% of the programme while the government will provide the remaining 10% of the total.

Resident Representative African Development Bank Tanzania Field Office

_________________________________________________________________________________
International House (5th Floor), Garden Avenue, P.O. Box 6024, DAR ES SALAAM, Tanzania Tel: (+255) 22 212 5281/2; Fax: (+255) 22 212 5283; Internet: www.afdb.org