African Development Bank and Rwanda Sign Financing Agreements Worth €115 Million for Water Projects

17 January 2019
Content from a Premium Partner
African Development Bank (Abidjan)

The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme as additional financing. The funding, which comprises €114.27 million from the AfDB window and €0.8 million from the Rural Water Supply and Sanitation Initiative Trust Fund, augments the original financing of €104 million AfDB loan and €43 million Africa Growing Together Fund loan approved by the Bank's Board in 2017.

The additional financing will mainly support water supply infrastructure, and provide 1.5 million more people with access to reliable and sustainable water supply services. Of these beneficiaries, 700,000 live in peri-urban/ rural areas. The funding will cover strategic cities and address water challenges in areas with low access rate of 45% - a figure that is well below the national average of 85%. The objective is to support Rwanda to achieve universal access to reliable water and sanitation services, by 2024 in line with the objectives of the National Strategy for Transformation. The scaled up resources bring the number of beneficiaries of improved water services to 2.6 million and of improved sanitation to 475,000 over the programme's duration.

"The Bank's support for this programme deepens and consolidates the impact of its investments in enhancing resilience to climate change and inclusive growth," said Wambui Gichuri, the Bank's Director for Water Development and Sanitation.

The Bank is a lead development partner in the water and sanitation sector in Rwanda and enjoys a strong partnership with the Government. Under the first Rwanda Sustainable Water Supply and Sanitation programme, the Bank is supporting sub-projects in the city of Kigali and the strategic satellite cities of Rubavu, Rusizi, Nyagatare, Muhanga, Huye, Musanze and Karongi. Under the original programme, Kigali will also benefit from the development of the first centralized sewerage system in Rwanda. Furthermore, to promote sustainable financing of water and sanitation investments, the Bank, through the Kigali Bulk Water Project, is helping the Government mobilize private capital for the extraction of ground water, its treatment and supply to the Kigali network through a public private partnership. Following the signing of the financing agreements, the Bank's Country Manager for Rwanda, Mrs. Martha Phiri, said "this additional financing increases the on-going Bank support for the water and sanitation sector in Rwanda to €282 million, demonstrating the Bank's desire and readiness to match the government of Rwanda's ambitions to achieve speedy socio-economic transformation".

More information

For further information please contact the African Development Bank, Rwanda Office: https://www.afdb.org/en/countries/east-africa/rwanda/

Read the original article on African Development Bank (AfDB).

Tagged:
Copyright © 2019 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 110 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.