To South Africa’s water supply security, the country needs more than R120 billion ($8 billion) for the next ten years. According to Lindiwe Sisulu, water and sanitation minister, the money is typically needed for the completion of major water infrastructure.
This announcement comes four months after President Cyril Ramaphosa announced that the establishment of a National Water Resources Infrastructure Agency will be acaccelerated. To continue monitoring the demand and availability of water to meet future demand, the country’s Department of Water and Sanitation will work alongside the Agency to identify the best options to meet these needs by 2030.
“Inadequacy of water resources will have a significant effect on the revival of the economy as well as inhibiting social transformation which perpetuates entrapment in poverty. Key economic development sectors like mining, manufacturing, tourism, farming, human settlements, and other industries are more likely to commit capital investments to areas where water, energy, and transport are secure,” said Sisulu.
According to a statement from the South Africa water and sanitation ministry, the country faces increasing water supply challenges that are constantly caused by insufficient water infrastructure maintenance and investment, recurrent droughts driven by climatic variation, inequities in access to water and sanitation, and insufficient skilled professionals and competent administrators. The situation is worsening with the pandemic, posing a significant water security risk which is a disruption for economic growth and development of the country.
Solange Che
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Libya oil output reaches 1.43 million barrels per day Production nears pre-2011 levels as operations stabilize Oil dominates economy,...
Morocco renewable capacity doubles to 4,851 MW by 2025 Wind leads growth; solar expands, hydropower remains stable High energy import...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
EACOP pipeline reaches 82% completion ahead of planned 2026 launch Project to transport 216,000 barrels daily from Uganda to Tanzania Legal...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...