Partnership to Enhance Zanzibar's Access to Capital for Infrastructure Projects
Habari mpya za uchumi Tanzania · maelezo ya Partnership to Enhance Zanzibar's Access to Capital for… · imesasishwa 10 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- Dr Mwinyi made the remarks today, August 10, 2026, when he met the President and Chief Executive Officer of the Trade and Development Bank (TDB), Admassu Tadesse, and his delegation at the Zanzibar House in Unguja.
- The partnership is expected to strengthen Zanzibar’s access to capital for major infrastructure projects and sectors that drive economic growth, while expanding the role of financial institutions and the private sector.
- ZANZIBAR: ZANZIBAR President, Dr Hussein Ali Mwinyi, said his government is continuing to explore new and affordable sources of financing to implement major strategic projects and accelerate the development of Zanzibar.
- He said Zanzibar intends to utilise various financing mechanisms to expand investment opportunities in key strategic projects, including the Mangapwani Integrated Port, energy, housing, oil and gas, as well as social.
- Dr Mwinyi stressed the importance of strengthening cooperation between the government, international financial institutions and the private sector to ensure Zanzibar secures affordable capital to finance its development.