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.

AfDB President Launches Institutional Reforms-Bank Adopts New Administrative Structure for Greater Delivery and Effectiveness

Tunis, 10 April, 2006 – The African Development Bank (AfDB) Group has launched the first in a series of reforms that ensures an effective development and solid financial institution. The Board of Directors of the Bank Group on Friday approved a new structure ushering in the changes that will be implemented over the short and medium term, to turn the hitherto highly centralized institution into an agile body able to respond more effectively to the needs of member countries.