AFD Country Representative Mr Emmanuel Baudran told the 'Daily News' in Dar es Salaam yesterday that they have already sent the draft to the government, detailing how disbursement of the loan will be done and the interest rate involved.

 

"Our government has already approved the funds since December 2015; but we are currently negotiating with the government of Tanzania before signing the sovereign loan. We might sign it in September or October," he hoped.

 

Mr Baudran said that at Tanzania's request, AFD will finance the extension of the internal hall, construction of two new wings, parking space, rearrangement of the terminal, boarding areas, commercial areas and standard equipment.

 

He further said the modernisation of the Terminal II was due to its impact on tourism and envisaged business developments in secondary cities. JNIA is the principal airport serving Dar es Salaam, the largest city in Tanzania.

 

The government embarked on an improvement programme of its ageing airports infrastructure in the mid-nineties to open up more development opportunities and spur economic growth for all areas in Tanzania.

 

Currently, the airport has only one terminal building for passengers, whose three lounges, departure, arrival and VIP serve 200 passengers at a time and 500,000 per annum. AFD is a recent donor in Tanzania.

 

It opened its office in Dar es Salaam in 2007. Since 2009, it has provided a total of over 360 million Euros in the country, mainly in the form of concessional loans. In Tanzania, in accordance with its regional strategy for 2014-2016, AFD supports projects that stimulate a sustainable growth and the reduction of poverty.

 

The agency works hand-in-hand with the Tanzanian government to mobilise an increasing amount of funds, sovereign and non-sovereign, in sectors where the greatest impact can be felt.

 

Expounding further, Mr Baudran said AFD has also approved a total of 11 million Euros concessional loan to BOA-T in form of credit line for investments in renewable energy and in energy efficiency.

 

The fund is part of the SUNREF regional poncessional loan for the modernisation and extension of the Julius Nyerere International Airport (JNIA) Terminal II buiRevamplt in the 1980s.

 

AFD Country Representative Mr Emmanuel Baudran told the 'Daily News' in Dar es Salaam yesterday that they have already sent the draft to the government, detailing how disbursement of the loan will be done and the interest rate involved.

 

rogramme, which provides a free international technical assistance to the banks and to promoters. The outgoing AFD Director for East Africa Regions, Mr Yves Boudot, pledged that AFD will further increase its support to Tanzania with an objective to provide a volume of 100 million Euros per year to support the development of water, energy and transport of the country.

 

"This objective is in line with the target announced in September 2015 by the French President to increase AFD commitments by 50 per cent by 2020 and to bring the institution up to a level to meet the challenges of the 21st century," he explained.

Source : allafrica.com