![AfDB supports Tanzanian small horticultural businesses with $2.5 million grant The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of EUR 74.25 million to Cameroon in Abidjan to implement the first phase of the Electricity Sector Recovery Support Programme (PARSEC). The programme will support the Cameroonian government to implement the reforms necessary in the energy sector in 2024 and 2025 so that, in the long term, the country can produce enough electricity to cover its national requirements of 5,000 megawatts and build a reserve to export energy to neighbouring countries, particularly Chad.](https://enterpriseafrica.ng/wp-content/uploads/2023/10/AFDB-building-600x400.jpg)
AfDB supports Tanzanian small horticultural businesses with $2.5 million grant
The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $2.5 million grant to prop some 10,000 small horticultural businesses in Tanzania. The funds, approved on 19 October 2023, will come from the Global Agriculture & Food Security Program to support mainly food system service providers in rural areas. The programme aims…