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Home Economy Budget

USAID commits $3 million to African Water Facility

Chris Ugwu by Chris Ugwu
June 19, 2023
in Budget, Personal Finance
water

Image credit: Pixels

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  • USAID has committed $3 million to the African Water Facility (AWF).
  • The AWF is a project preparation facility that helps African countries achieve the objectives and targets set by the water-related Sustainable Development Goals and African Water Vision 2025.
  • The AWF will use the funding to support the preparation of water and sanitation investment projects in Africa.

The United States Agency for International Development (USAID) has committed $3 million to the African Water Facility (AWF).

This is contained in a statement issued on the African Development Bank’s (AfDB) website and seen by Nairametrics.

Water and sanitation investment projects

The funding according to the statement the facility will support the preparation of water and sanitation investment projects in Africa, through the provision of grants and technical assistance to African countries and regional economic communities.

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  • “The African Water Facility, an initiative of the African Ministers Council on Water (AMCOW), is hosted by the AfDB.It is the only African project preparation facility solely focused on addressing water and sanitation issues in Africa.
  • It helps African countries achieve the objectives and targets set by the water-related Sustainable Development Goals and African Water Vision 2025.
  • And It does this through the preparation of innovative water and sanitation projects across the continent.
  • It said access to water and sanitation in Sub-Saharan Africa remains poor.
  • ”’ Approximately 400 million people lack basic water supply services, while over 700 million people have no access to decent sanitation.
  • ” Nearly 200 million people still practice open defecation, and 750 million have no hygiene access.
  • ” Achieving water security and sanitation for all requires large-scale investment in water supply and sanitation, improved governance of water resources and operations, and the design of climate-resilient infrastructure,” the statement said.

205 million euros

The AfDB explained that since its inception, the facility provided 205 million euros in grant funding for water and sanitation projects in Africa.

It said it had also enabled over 1.7 billion euros in downstream investment in the water and sanitation sector.

What AfDB said

AfDB’s Vice President for Agriculture, Human, and Social Development, Dr Beth Dunford commended the agency for the funds.

  • “This USAID financing affirms growing international support for the AWF as a trusted partner and resource for Africa’s water sector.
  • ” We thank the United States for the funding commitment that will contribute to scaling up the Facility’s work and positively impacting more people across the continent.
  • ”Under its 2022 – 2027 Strategy, USAID aims to reach 22 million people with access to safe drinking water and 22 million people with access to sanitation over five years,” she said.

The coordinator for the AWF, Mtchera Chirwa said the Facility was raising millions of euros to develop investments.

According to Chirwa, the investment will accelerate public and private sector financing of the water sector and deployment of innovation to improve service delivery.

  • ” The support from USAID comes in the lead-up to its 2023 funding dialogue in Paris this October, where the facility will engage donors, beneficiary governments, and multilateral and international organizations.
  • ” To enhance financing for water and sanitation investment projects in Africa.
  • “The negative impacts of inadequate access to water and sanitation and poor management of water resources are seen in many countries in Africa.
  • ” The AWF exists to accelerate viable, climate-responsive investments by providing grants, technical assistance, and developing catalytic and innovative projects to improve water and sanitation service delivery and water governance in Africa,” he added.

What you should know

The Facility’s revised Strategic Plan 2017–2025 will endeavor to mobilize resources to increase the delivery of bankable investment projects in water and sanitation across the continent.

This is expected to enable access to climate-resilient and safely managed water supply for 2.6 million people and provide basic sanitation facilities to 2.4 million people.


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Tags: African Development Bank (AfDB)African Water FacilitySustainable Development GoalsUSAID
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

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Comments 1

  1. Iyilade John says:
    June 19, 2023 at 7:57 pm

    The steps taking by USAID is a good one that will enable safe drinking water in Africa.

    Reply

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