AFDB bankrolls Malawi/Tanzania water project

Lilongwe – The African Development Bank has a approved a 4.7 million euro grant for the implementation of the Songwe River Basin Programme which will see the construction of dams and hydro electric power to spur economic growth in Makawi and Tanzania. The projects are expected to enhance food production and contribute to the poverty reduction and improvement of living standards for the people on the rivers’ basin and the economic growth of the two riparian countries, officials said. In 2001 Malawi and Tanzania engaged in studies to address the frequent shifting of the river course through meandering and flooding which affected and shifted the boundary of the two countries. A statement released by the Bank says “the objectives of the programme are to help the two countries create a longterm strategic framework, investment plan and enabling environment for basin wide socio economic development based on joint management of shared waters.” The grant comprises an African Water Facility worth 3.5 million euros and a Nepad Infrastructure Project Preparation Facility of 1.2 million euros while the two governments will contribute 1 million euros.

June 2010
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