African Development Bank Group Commits $101 Million To Sustainable Water And Sanitation Reforms

Posted on July 16, 2023

The Board of Directors of the African Development Fund has approved a $101 million loan to finance the Rwanda Sustainable and Resilient Water and Sanitation Program – a policy-based operation to support Rwanda’s water and sanitation sector.

The program aims to improve water and sanitation governance and access to basic water supply and sanitation services. It will also strengthen legal, policy, institutional and regulatory frameworks for delivering basic water supply and sanitation.

“This program will benefit more than 13.2 million people in Rwanda, providing better and long-lasting access to safe water and sanitation services. It will also support the management of water resources, reforming policies and enhancing governance in the sector,” Osward Chanda, the Bank’s Director for Water Development and Sanitation, said at the Board meeting.

Rwanda’s Ministries of Finance and Economic Planning, Infrastructure and Environment, Water and Sanitation Corporation Limited, Rwanda Water Resources Board, and the Rwanda Utilities Regulatory Authority will implement the Rwanda Sustainable and Resilient Water and Sanitation Program starting this year through 2026.

The Rwanda Sustainable and Resilient Water and Sanitation Program is the latest infrastructure project supported by the Bank via the Water Development and Sanitation Department. The Bank aims to accelerate Rwanda’s long-term development aspiration of becoming a middle-income economy by 2035, as outlined in its Vision 2050.

The program also aligns with the Bank’s Country Strategy 2022-2026 for Rwanda and the Bank’s Ten-Year Strategy (2013 – 2022, extended to June 2023) for inclusive growth and a gradual transition to green growth. It will contribute to three of the Bank’s priority areas, also known as the High 5s: Improve the Quality of Life for the People of Africa; Feed Africa, and Industrialize Africa.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

CYRIACUS IZUEKWE  The Nigeria Police Force, Special Fraud Unit (SFU) at 13 Milverton Road,... Continue
CHRISTIAN ABURIME In a dazzling display of intellectual pedigree that has sent waves of... Continue
Notable Niger Delta socio-cultural group, the Orashi National Congress (ONC) has formally presented its... Continue
The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has... Continue
‎ ‎The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on... Continue
For generations, conventional financial advice has treated debt like a trap — a final,... Continue
President Bola Ahmed Tinubu has approved the expansion of the Nigerian Army’s structure from... Continue
The Legal Practitioners’ Privileges Committee (LPPC) has approved the conferment of the prestigious rank... Continue
The Organized Private Sector of Nigeria (OPSN), comprising the Manufacturers Association of Nigeria (MAN),... Continue
BY ADEMOLA OSHODI  The international environment is placing a heavier responsibility on Nigeria. Regional... Continue

UBA


Access Bank

Twitter

Sponsored