UN grants Tanzania over $ 1 m for rural development

Moshi Muniscipal Council Bus Terminal now set for improvement to meet commercial demands courtesy of the UN funds

Moshi Muniscipal Council Bus Terminal now set for improvement to meet commercial demands courtesy of the UN funds

Tanzania has received $1.1million from the United Nations Capital Development Fund (UNCDF) in grants for seed capital investment in local development projects.

About six projects won the flexible funds to improve rural energy coverage, and commercial bus terminals for two local government authorities.

Peter Malika , the Head of the United Nations Capital Development Fund in Tanzania, announced in the capital Dar es Salaam on Tuesday that  the money will be released immediately. “This money serves as initial capital for institutions to access over 70-percent of the total investment cost from the Tanzania Investment Bank—TIB,” he said.

Kibaha Town Council received TzSh1.07billion for the construction of a modern commercial bus terminal and market, Moshi Municipal Council at Tzsh509m for construction of a modern commercial bus terminal and Ileje Municipal at Tzsh226m for community radio tower infrastructure in partnership with the private sector.

Others are Ensol Ltd a private solar power generation (village grid) project in rural Korogwe district which will cost Tzsh265m, Lupali a private small hydro power plant owned and operated by women in rural Njombe district at Tzsh107m and Maguta, a private small hydro power generation project in rural Kilolo district at Tzsh214m.

Kagyabukama Kiliba, Deputy Permanent Secretary President’s Office Regional Administration and Local Government stated that the projects will unlock various economic opportunities in the targeted areas and thus reduce poverty in the community.

Jenifa Omolo, Kibaha Town Council Executive Director said the new facility will help increase revenue and improve services in the district. “We have no market in our town, just small stalls and we only have a small bus terminal which is not enough to meet the demand. This has been a major challenge for us for over ten years. Our town is growing and we now need modern facilities,” she said.