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ADF Grants $15 Million to Support a Water Supply and Sanitation Project in Malawi

TechInAfrica – A project called Nkhata Bay Town Water Supply is conducted to make a better sustainable water supply and sanitation services in Malawi. The project is supported by the African Development Fund (AFD) by granting US$15 million.

The grant has already been approved by the African Development Bank Group while the board approval was granted on October 22, 2018. Moreover, the project is also expected to bring job opportunities and improve nearly 300,000 people’s lives.

Nkhata Bay Water Supply Project
Nkhata Bay Water Supply Project via blantyrepost.biz

The Nkata Bay Town Water Supply project will bring direct impact to 60,000 residents in Nkata Bay as well as 220,000 others who rely on the services. In term of job opportunities, the project is hoped to create over 300 jobs during the construction process and 50 more jobs during the operation.

As a fast-growing port town in Malawi, Nkhata Bay primarily links three nations, including Malawi, Tanzania, and Zambia. Apart from being the linking port town, Nkata Bay also one of the popular tourist attractions in the region. Therefore, the project will surely impact on the economic growth in the area. Speaking of the project, it will be started in January 2019 and estimated to finish by the end of 2022.

Many parties contribute and are involved in the funding, including; AFD with US$30.4 million grant; OPEC Fund for International Development (OFID) with US$12 million loans; and the Government of Malawi with US$3.4 million.

African Development Bank
African Development Bank via newsghana.com.gh

The African Development Bank Group is fully devoted to supporting the government to build a competitive, productive, and resilient country. Moreover, the Bank believes that the project will back up Malawi’s development agenda such as the Third Malawi Growth and Development Strategy (MGDS III) and Malawi’s Vision 2020.

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Written by Rinchi Marry

An article writing enthusiast and is currently working on various different types of article writing including technology, gadget tips & tricks, entertainment, culinary, health, and sports.

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