Financing the Water Sector in Africa

13/06/2006
Share |

Financing the Water Sector in Africa

A workshop on Financing and Cost Recovery in the African Water Sector brought together representatives of regional member countries, multilateral development partners, financial institutions, and other stakeholders such as Private sector and civil society organisations to discuss two related issues on financing in the water sector.

The three-day stakeholder Consultative Workshop will discuss issues related to "User Fees and Cost Recovery for Water, Sanitation and Irrigation projects to achieve Financial Sustainability" within the context of Integrated Water Resources Management.

Participants will also discuss the findings of a "Study on Financial Instruments to Facilitate Investment for Water Sector Infrastructure", including partnership and implementation programs, with the support and the expertise of the African Development Bank Treasury Department staff.

The expected outcomes of the workshop are to identify specific and standardized modes of collaboration between the Bank and other institutions on utilizing financial instruments to promote investment in water and finally to establish networks to facilitate follow-up activities and improvement of knowledge and information on experiences in the water sector.

The workshop was launched in Tunis on Tuesday 13 June 2006 by Mr. Joseph B. Eichenberger, ADB Vice President in charge of Policy, Planning and Budget. Mr. Kordjé Bedoumra, Director of the African Water Facility, presented to the audience an overview of the Bank’s water initiatives. Mr. William Muhairwe, Managing Director of Uganda’s National Water and Sewerage Corporation, handled a keynote statement.