AfDB approves 115m Euros for Rwanda’s water

The Board of African Development Bank (AfDB) has approved additional funding support of €115 million to Rwanda’s Sustainable Water Supply and Sanitation scheme.

New dawn in food security as Nigeria endorses global alliance against hunger President Bola Tinubu’s commitment to eradicating hunger in Nigeria played out in his agreement with his conterparts at the Leaders Summit in Rio de Janeiro when they created an international network called: ‘The Global Alliance Against Hunger and Poverty. The Tinubu Stakeholders Forum (TSF) which made this observation commended the visionary stance of President Ahmed Bola Tinubu, alongside those who aimed to collaborate and cooperate to making hunger and poverty a thing of the past in their different domains. The Tinubu Stakeholders Forum (TSF) issued a statement to this effect. In the statement signed by its Chairman Ahmad Sajoh and Secretary Afolabi Josiah,the group said President Tinubu’s position on the groundbreaking initiative aligned perfectly with his administration’s agenda in Nigeria. It read in part, “President Tinubu’s passionate advocacy for international cooperation in eradicating hunger and poverty aligns seamlessly with his administration’s transformative agenda for Nigeria. “His commitment to integrating international best practices in Nigeria’s food production and poverty alleviation strategies reflects the bold leadership required to position the nation as a key player in global sustainable development. “For us, the President’s endorsement of the alliance not only emphasizes the alignment of Nigeria’s national objectives with the Sustainable Development Goals (SDGs), particularly SDG 1 (No Poverty) and SDG 2 (Zero Hunger), but also underscores the role of Nigeria as a leader in Africa’s fight against food insecurity. “We also recognize the significance of President Tinubu administration’s eight priority areas running in tandem with the Global Alliance in its effort to stamping out hunger and poverty. President Tinubu’s vision to bolster agricultural productivity and enhance food security through innovative and sustainable approaches is a testament to his resolve to elevate Nigeria’s global standing. “In acknowledging this milestone, we are not unmindful of the economic difficulties currently faced by Nigerians. At the heart of President Tinubu’s transformation agenda is a commitment to ending these hardships and restoring hope for a brighter future. “This administration’s focus on sustainable food supply mechanisms, poverty eradication, and economic empowerment underscores its dedication to uplifting the lives of every Nigerian. “We have no doubt that the President’s strategic moves at the G20 will inspire confidence hmm among Nigerians and the global community, further positioning Nigeria as a beacon of hope in eradicating hunger and poverty.” TSF also expressed its commitment to supporting President Tinubu’s initiatives to ensure that Nigeria leverages the alliance to achieve sustainable food systems, enhance economic growth, and uplift the quality of life for all Nigerians end

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The assistance is to enable 1.5 million people have access to improved, reliable and sustainable water supply services.

The funding will cover strategic cities and address water and sanitation challenges in areas with a low access rate of 45% − a figure that is way below the national average of 85%.

The new financing is to scale up the country’s largest water and sanitation sector investment program. The program is co-financed by theEuropean Investment Bank and the OPEC Fund for International Development.

In November 2017,the Bankapproved an initial US$121 million loan and US$50 million Africa Growing Together Fund(AGTF) loan to Rwanda under its Sustainable Water Supply and Sanitation Program.

“The Bank’s support to this program further goes to deepen and consolidate 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 Government of Rwanda has shown consistent commitment to sector reforms and economic transformation in furtherance of its recently-approved National Strategy for Transformation − designed to propel Rwanda into an upper middle-income country by 2035.

The program is bolstered by the country’s new Vision 2050, which aims toensure a high standardof living for all Rwandans.

Of the 1.5 million people to be provided water access under the additional funding, 700, 000 live in peri-urban/ rural areas.

The African Development Bank is the main development partner in Rwanda’s waterand sanitation sectorwhich has seen a positive record of accomplishments.The additional financing will enable the Government to undertake this transformative programme