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ADF Helps Protect Lake Tanganyika Natural Resources: Project expected to create 10,000 jobs in the region
This multinational project will benefit the Riparian states (Burundi, Democratic Republic of Congo, Tanzania and Zambia) and will serve as a pilot experiment for the Bank Group’s assistance to other regional entities in Africa.
The project is intended to improve the social and health conditions of the people as well as the food situation in the Lake Tanganyika basin through the improvement of social and health conditions with the construction of health and educational infrastructures as well as the provision of more drinking water points.
It will also improve feeder roads to facilitate the movement of people and goods, and improve regional integration and cooperation. Poor households and particularly women will largely benefit from the project, as a result of improvement in the processing and marketing of agricultural products. About 10,000 jobs will be created in the fisheries sub-sector.
The ADF initiative will help rationalize the exploitation of fishery resources and provide protection for the lake environment as a source of regular income for the community. The people, who depend mainly on fishery resources, need to diversify their sources of income by creating jobs in other domains.
This initiative from the ADB Group is part of the Bank’s endeavor and mission to support regional integration of its Regional Member Countries
During the signing ceremony, the ADB Group VP, Mrs. El Bakri, insisted on the imperative of close monitoring and evaluation of planned activities so as: "not only to achieve the set targets but most importantly to reach expected impacts and reach out effects"
*1 UA = 1.51678 US$ as at 01/05/2005