Public Management

Rwanda: AfDB commits $101 million to sustainable water and sanitation reforms

Rwanda: AfDB commits $101 million to sustainable water and sanitation reforms
Saturday, 15 July 2023 15:04

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.

2910 banque

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Cameroon seeks first local-currency credit rating from Bloomfield Aims to boost regional investor confidence, diversify funding sources Move supports...
Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominated digital transaction volume Mobile money reshapes...
Chari raises record $12M Series A to expand fintech services Secures central bank license to launch super-app for merchants Moroccan...
Burkina Faso orders NGOs to use state-run bank for all funds Move follows arrests, aims to tighten oversight of foreign NGOs Burkina Faso issued...

Most Read
01

• The five-year plan allocates 388 billion pulas to boost growth and jobs.• Focus areas include tran...

Botswana unveils $27bn plan to accelerate economic diversification
02

• Parliament approves Virtual Asset Service Providers Bill 2025 to regulate digital assets• Central ...

Kenya passes landmark law to regulate booming cryptocurrency market
03

Indorama to invest $210M in Senegal phosphate sector upgrade ICS to expand fertilizer, acid ...

Indorama, Petrochemicals Major, to Invest $210 Million in Senegal Fertilizer Plant
04

Copper prices hit $10,775/t, their highest since May 2024, driven by a weak dollar and recent...

Copper Prices Extend Gains Close to Record Highs, Improving Prospects for Zambia and the DRC
05

• The Bank urges Nigeria to raise excise taxes on alcohol, tobacco, and sugary drinks.• Current rate...

World Bank backs higher public health taxes in Nigeria
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.