AfDB Invests $5.2bn In Africa’s Water Sector

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2 years ago
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Tunde Sholanke

African Development Bank,says it invested
$5.2 billion in the water sector to support and strengthen water and sanitation resilience for almost 97 million people in Africa in the last 10years

In a statement to mark this year’s Water Day,the bank also said it has invested an average of $900 million a year since 2015.

Last year,the bank said its water and sanitation portfolio of $473 million provided water access to an estimated 6.8 million people, and jobs to over 24,000 people in Africa.

It said:”In Kenya, projects like the Kenya Towns Sustainable Water Supply and Sanitation Program have improved the quality of life for beneficiaries such as Emmaculate Anyango, who used to walk two kilometres to fetch water for cooking, drinking and other domestic uses.

“The programme initiated projects to ensure access to clean, safe, and consistent water supply in 28 small towns in Kenya. For instance, the Oyugis Water Supply and Sanitation Project, which completed in January 2023, already serves over 60,000 people by producing 12,000 cubic metres of water each day.

“Towards 2030 and beyond, the African Development Bank will continue to work with and support African countries to drive achievement of Sustainable Development Goal 6 targets.

“It will do this through financing, sector reforms and governance, knowledge generation, partnerships and private sector engagement, environmental and social responsibility, and mitigating the impacts of climate change”.

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