African Development Bank (AfDB) said it invested about US$ 5.2 billion in supporting and strengthening water and sanitation resilience for almost 97 million Africans in 10 years.
A statement issued on AfDB’s website said the bank, since 2015, had invested an average of US$ 900 million yearly to support water and sanitation.
“It said massive investments in integrated water development and management are central to achieving sustainable water, food and energy security while assuring green and inclusive growth.
“In 2022, our water and sanitation portfolio of US$ 473 million provided water access to an estimated 6.8 million people and jobs to over 24,000 people in Africa,’’ it said.