Public Management

AfDB supports development projects in Somalia with $28.86 mln

Tuesday, 23 July 2019 12:42
AfDB supports development projects in Somalia with $28.86 mln

(Ecofin Agency) - The African Development Bank (AfDB) is committing $28.86 million to support development projects in Somalia. The institution announced it on July 19 during a Board meeting.

Of the amount, $11.99 million is for an urban water and sanitation project in the towns of Kismayo (south) and Baidoa (southwest). The remaining $16.86 million is for the rehabilitation of 247 km of roads and the construction of new 100 km.

The projects are designed to increase access to clean water across the country particularly in the focus towns and, on the other hand, enhance connectivity and ease transport.

According to AfDB’s Deputy Regional Director-General for East Africa, Nnenna Nwabufo (photo), “the water and sanitation project will propel Somalia towards Sustainable Development Goals on universal access to water and sanitation”. It is expected to reach about 200,000 people in the two cities, where an estimated 65% of the population live below the poverty line.

The new investment aligns with AfDB’s High 5 priorities and reflects its ambition contribute to further resilience in the Horn of Africa. To date, the Bank has an active portfolio worth $109.13 million in Somalia with 12 ongoing projects.

Firmine AIZAN

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Telecom


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.