The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of EUR 118.63 million to Benin to implement the Drinking Water Supply for Resilience in Rural Areas Programme in Abidjan with the aim of supplying drinking water to an additional 965,000 people in the West African country.
The African Development Bank is contributing EUR 75.63 million in financial support. The Africa Growing Together Fund (AGTF), a joint-financing fund created by the African Development Bank and the People’s Bank of China, is providing EUR 43 million.
“This project is the Bank’s second intervention in the drinking water sector in rural Benin. The first was completed in 2012. This operation confirms the Bank Group’s commitment to supporting the government of Benin in implementing its Action Plan 2021-2026, particularly contributing to universal access to drinking water for people living in rural areas,” commented Robert Masumbuko, the African Development Bank’s Country Manager in Benin.
