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Rwanda,United States : AfDB approves 115 Million for Rwandas Sustainable Water Supply and Sanitation Program
Publish Date : 20-Dec-2018
An additional funding of 115 million has been approved by the African Development Bank to Rwandas Sustainable Water Supply and Sanitation Program, enabling 1.5 million people to access improved, reliable and sustainable water supply services.
The program is bolstered by the countrys new Vision 2050, which aims to ensure a high standard of living for all Rwandans.
The new financing is to scale up the countrys largest water and sanitation sector investment program. The program is co-financed by the European Investment Bank and the OPEC Fund for International Development.
Banks Director for Water Development and Sanitation, Wambui Gichuri said, The Banks support to this program further goes to deepen and consolidate the impact of its investments in enhancing resilience to climate change and inclusive growth.
The Government of Rwanda has shown consistent commitment to sector reforms and economic transformation in furtherance of its recently-approved National Strategy for Transformation designed to propel Rwanda into an upper middle-income country by 2035.
Of the 1.5 million people to be provided water access under the additional funding, 700, 000 live in peri-urban/ rural areas.
The African Development Bank is the main development partner in Rwandas water and sanitation sector which has seen a positive record of accomplishments. The additional financing will enable the Government to undertake this transformative program.
In November 2017, the Bank approved an initial US$121 million loan and US$50 million Africa Growing Together Fund (AGTF) loan to Rwanda under its Sustainable Water Supply and Sanitation Program.
