The World Bank agreed to disburse $157 million to support the Malawi Watershed Services Improvement Project (MWASIP), which aims to increase sustainable landscape management in watersheds and improve rural livelihoods.
The financing is composed equally of a loan and a grant ($78.5 million for each) from the International Development Association (IDA), the World Bank said in a July 6 statement. The targeted projects aim to provide $40 million in livelihood support to more than 250,000 beneficiaries through community subsidy programs designed to encourage better land management. It also includes $45 million for the construction of water facilities, including 10 small multipurpose dams, 20 rainwater harvesting structures, and 10 small-scale irrigation systems to increase access to water for productive uses.
“The project will enhance the capacity of watershed management institutions at all levels to sustain interventions beyond the project and build on the success of another World Bank-supported project, the Shire River Basin Management Project, which the Government of Malawi implemented from 2012 to 2019,” the statement said.
Overall, the government expects the project to generate 2,500 additional jobs in the construction sector.
Moutiou Adjibi Nourou
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Mombasa's commuter train service resumed on September 17, 2025, after modernization. The expanded 16.6 km line connects Mombasa's main district and...
INP-HB and HABG signed an MoU to develop an Executive Master's in Compliance and Anti-Corruption. The program aims to train competent professionals in...
DBSA closed a 100 mln rand ($5.7 mln) financing for EV charging stations. Local firm Zero Carbon Charge will build 60 solar-powered stations by...
Liberia granted TotalEnergies rights to explore four offshore blocks totaling 12,700 km². The French group will run a program including 3D seismic...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...