Tanzania urges financial institutions to support Africa's drive to accelerate human capital development


DAR ES SALAAM, July 25 (Xinhua) -- Tanzanian Vice President Philip Mpango on Tuesday urged regional and multilateral financial institutions to do more to devise innovative financing solutions in support of Africa's drive to accelerate human capital development.

"Human capital investment is long-term in nature and thus requires low-cost financing with long-term maturity," said Mpango when he opened the technical session of the 2023 Heads of State Summit on Human Capital in Dar es Salaam, the economic hub of Tanzania.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Russia says it will give U.S. proof of attempted Ukrainian strike on Putin residence
Ukraine condemns Russian new year drone attack on power infrastructure
Bulgaria celebrates entry into euro zone, lev currency banished into history
Russia accuses Ukraine of killing 24 people in New Year drone strike
Dozens presumed dead and about 100 injured in fire at Swiss Alps bar during New Year's celebration
Argentine soccer body in turmoil ahead of World Cup over mystery villa and dirty money claims
Russia-installed Kherson governor says 24 killed in strike on New Year celebrations
Swiss police believe around 40 died at Swiss bar explosion, Italy says
Zohran Mamdani sworn in as New York City mayor at historic subway station
Swiss police say several people have died in fire at bar in ski resort

Others Also Read