Document from the 7 th Africa Water Week, held in Libreville, Gabon, 29 October – 2 November 2018 A knowledge asset of the African Ministers’ Council on Water This material is shared as a learning resource to promote awareness and good practice in the provision, use and management of water resources for sustainable social and economic development and maintenance of African ecosystems. Copyright for this material rests with the authors.
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asset of the African Ministers’ Council on Water...Africa’s ommitment to Attaining Water Security in Africa Ensure sustainable water security for livelihoods and development Provide
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Document from the 7th Africa Water Week, held in Libreville, Gabon, 29 October – 2 November 2018
A knowledge asset of the African Ministers’ Council on Water
This material is shared as a learning resource to promote awareness and good practice in the provision, use and management of water resources for sustainable social and economic development and maintenance of African ecosystems.
Copyright for this material rests with the authors.
• Dynamics of infrastructure finance are changing– New Sources of Finance (e.g., green/social bonds, Africa 50)– ODA prospects stagnating;– Infrastructure Financing is looking beyond aid
• Increasing pressure for inclusive growth– Access for the poor; gender, etc..
• Increasing pressure for Professionalization and private sectorparticipation
The African Development Bank’s Response
A Track Record of Promoting Water Infrastructure
Direct Investments :
Providing water for food security: US$ 670 million in support ofagricultural water use (10 years)
Developing hydropower : US$ 225 million. The investment amountsare picking up
Supporting WS Infrastructure using $3 billion to finance more than370 water operations in over 40 African countries.
Mobilization of resources :
Infrastructure Consortium for Africa (ICA)
NEPAD Infrastructure Project Preparation Facility Special Fund
The Rural Water Supply and Sanitation Initiative (RWSSI):
AWF African Water Facility (AWF)
+370 operations since 1968
10 year Financing
=$4,8 bln
Supporting Water and Sanitation Infrastructure
+40countries
covered
New Bank Water Policy, under development focuses on Bank support to Africa to achieve water security with a focus on development of Multi-Purpose Infrastructure (MPI).
Bank Strategy and New Water Policy
Bank’s 10-year Strategy has a strong focus on infrastructure development and management with water central to Agriculture, energy, industry and mining”.
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The Five Bank’s Priorities
AfDB Projects contribute to the Five priority actions that will help to
accelerate Africa’s transformation
Light up and power Africa
Feed Africa
Industrialize Africa
Integrate Africa
Improve the quality of life for the people of Africa