Whether for profit or social motives - and often both - an increasing number of investors are targeting opportunities in African agriculture. At the same time innovative approaches for deploying aid to support farming businesses linked to smallholders are emerging. This blog provides a snapshot of who is doing what, where and how.

17 January 2010

China gives Tanzania $180m in loans

China gave Tanzania $180 million in concessional loans on Friday as part of its pledge to provide $10 billion in low-cost lending to Africa over the next three years, Tanzanian Finance Minister Mustafa Mkulo said on Saturday.

Mkulo said the loans would fund various development projects in infrastructure and information, communication and technology. He said Tanzania was also in talks with Beijing for additional loans in agriculture, railway infrastructure, transportation and for the upgrade and rehabilitation of Dar es Salaam's underperforming port. Reuters link