AfDB approves $391 million to finance water and sanitation project in Kenya
Summary
The project will provide reliable water supply for 2.1 million people and sewerage systems for 1.3 million people.
The African Development Bank has approved a $391 million loan to finance a water and sanitation project in Kenya, according to a statement released on Wednesday. The Abidjan-based multilateral lender said the financing will support the Kenya Towns Sustainable Water Supply and Sanitation Programme, which is designed to improve water supply for 19 towns and wastewater management services for 17 towns across the East African country.
According to a World Resources Institute (WRI) report, Kenya’s internal renewable water resource was estimated at 20 cubic kilometre, effectively putting the country in the “chronic water shortage state” category. With an annual population growth rate of 2.9 per cent, it is expected that Kenya will push beyond the water barrier of less than five cubic metre per capita per annum by 2025.
“The programme aims to catalyse commercial activities, drive economic growth, improve quality of life of the people and build resilience against climate variability and change,” the AfDB said. “These objectives would be achieved through construction and rehabilitation of water supply and sanitation infrastructure including expansion into informal settlements; and capacity development of water service providers, sector regulators, and women and youth.”
According to the AfDB, the project will provide reliable water supply for over 2.1 million people, and water-borne sewerage systems for over 1.3 million people. The project will also create over 15,000 new jobs during and after its implementation.
The AfDB said its financing will cover 86.52 per cent of the programme’s total cost, which is estimated to be $451.66 million. The Kenyan government will contribute the counterpart funding of $60.87 million. The project will be completed in 54 months.
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