The European Union (EU) has granted the Tanzanian government €33.12 million (approximately TSh 97 billion) to support ongoing sectoral reforms. This funding aims to foster social and economic development while increasing the resilience of Tanzanian citizens.
The funds are allocated to five crucial sectors: the blue economy, urban development, gender equality, digital growth, and financial governance. The blue economy initiative will enhance climate-resilient economic activities in coastal regions, including Zanzibar and the Indian Ocean.
Urban development projects in Mwanza, Tanga, and Pemba will benefit from this aid, aiming to improve living standards through sustainable environmental practices, economic opportunities, and enhanced public services, particularly for women and youth.
In the gender equality sector, the funding will focus on promoting women's and girls' empowerment, addressing gender-based violence, and supporting women’s economic participation and leadership roles in decision-making processes.
The digital growth program intends to leverage digital advancements for economic growth and improved public services by expanding Tanzania’s communication network and bolstering cybersecurity measures, in line with the Data Protection Act.
The financial governance sector aims to enhance domestic resource mobilization, support financial market infrastructure, and foster public-private dialogue, benefiting small and medium-sized enterprises, especially those led by women and youth.
This financial aid, known as "budget support," is part of the ongoing cooperation between the EU and Tanzania. It aligns with the EU’s Global Gateway strategy, which seeks to enhance infrastructure and development through public and private sector investment.
The announcement was made during a visit by the EU delegation, highlighting the collaborative efforts to ensure the successful implementation of these projects for the benefit of Tanzanians.
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