Tanzanian Minister of Transport John Magufuli also thanked Kuwait hoping to maintain the cooperation with the Gulf country, namely Kuwait Fund for Arab Economic Development (KFAED) which had lent the nation $47.7 million for the mega project. KFAED's regional director for central and southern African states, Abdulrahman Al-Hashel, was present at the ceremony, the Kuwaiti ambassador Jassem Al-Najem, said in a statement. KFAED gave the loan to Tanzania in 1975. The fund's ventures in African country have reached 12, worth USD 205 billion, in addition to some technical aid. - KUNA
Kuwait - Other News
Kuwait funds construction of key road in Tanzania
August 09, 2015 01:21 AM