African regional report on Water Resources Development in Africa released

21/03/2006
Share |

African regional report on Water Resources Development in Africa released

An African regional report on Water Resources Development in Africa prepapred by the African Water Facility was released by the African Ministers’ Council on Water (AMCOW) during the 4th World Water Forum.

The report states that currently about 300 million people in Africa do not have access to safe water, about 313 million have no access to sanitation and over 88 million people are malnourished. This takes a heavy toll on the social and economic progress of African countries.

An annual investment outlay of US$ 4.7 billion is required to achieve food security in Africa. The financial investment required to meet the 2025 African Water Vision (AWV) has been estimated at about US$ 20 billion per year.

The volume of financial and technical support pledged so far falls far short of what is required and most of it is still in the form of pledges yet to be honoured. High priority should be given to designing appropriate instruments to attract investment from bilateral international partners and the private sector in order to meet urgent and critical needs in water resources development, says an African regional report on Water Resources Development in Africa released by the African Ministers’ Council on Water (AMCOW) during the 4th World Water Forum.