TANZANIA: Bank dishes out 1.5bn TzS for training of charcoal producers

Dar es Salaam, Tanzania (3 Aug., 2010) — Charcoal producers in Kisarawe and Rufiji districts, (Coast Region of Tanzania) have a reason to smile after Barclays Bank Tanzania Limited earmarked more than 1.5bn Tanzanian Shillings (USD 1,002,875 /  €768,746) to Dar es Salaam Charcoal Project (DCP) to train charcoal producers on how to cut down deforestation.

The bank wants charcoal producers to use efficient kilns for charcoal production.

Moni Msemo, the bank’s Head of Community Relations told The Guardian yesterday that through the funds charcoal producers would be trained on how to prepare tree seedlings and plant them to support the government’s efforts in increasing forest cover, prevent environmental degradation and foster sustainable charcoal production. (Read more)

Source: The Guardian, Tanzania


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