58 Billion Shillings Disbursed for Youth Ventures in Tanzania
Latest Tanzania youth news · 58 Billion Shillings Disbursed for Youth Ventures in Ta… explained · updated Aug 11, 2026 · breaking news · latest updates · explained
TLDR
- She was briefing reporters ahead of the International Youth Day commemorations scheduled to take place in the capital from to day, August 11, to 12, 2026.
- In February this year, Minister of State, Youth Development Mr Joel Nanauka was handed a cheque worth 200bn/- and assigned the responsibility of supervision and coordination.
- DODOMA: THE Youth Development Fund has disbursed over 58bn/- out of the 200bn/- allocated to finance youth-led projects, particularly in agriculture, fisheries and the information sector.
- In addition, she said, local government authorities allocate 15 per cent of their internal revenue for citizen empowerment, including youths, while 30 per cent of public tenders are reserved for special groups.
- The government released 200bn/- to facilitate empowerment programmes for youths and women engaged in various economic sectors, part of President Samia Suluhu Hassan’s pledges in the first 100 days in office.