Taking place on 18 March 2025 in Brussels, the event will bring together development finance institutions, private sector investors, and philanthropic organizations
ABIDJAN, Ivory Coast, March 17, 2025/APO Group/ --
The African Development Bank Group (www.AfDB.org), African Water Facility (www.AfricanWaterFacility.org), and the Association of European Development Finance Institutions (https://EDFI.eu/) will host a high-level event to generate investment for water and sanitation services in Africa. Taking place on 18 March 2025 in Brussels, the event will bring together development finance institutions, private sector investors, and philanthropic organizations.
African Development Bank, African Water Facility, Association of European Development Finance Institutions to hold Investment Event for Water and Sanitation in Africa
During the event, the African Development Bank and African Water Facility will showcase investment-ready projects and those in their pipeline, offering opportunities for investors and development financiers to support high-impact water and sanitation projects, including homegrown solutions that will drive economic growth, social stability, and public health improvements across Africa.
Why This Matters
Africa faces significant water and sanitation challenges, amplified by increasing pressure on strained water resources by the continent’s growing population, which is expected to double by 2050. Currently, 411 million people lack access to safe drinking water, 779 million are without essential sanitation services, and 839 million do not have access to basic hygiene services, according to a 2020 report by UNICEF and the World Health Organization (WHO).
This lack of access contributes to severe public health challenges, including the spread of waterborne diseases such as cholera and diarrhea, which have caused over 400,000 deaths annually on the continent, according to the WHO.
The economic cost of inadequate access to water and sanitation is also high. Inadequate sanitation alone results in losses of up to $5.5 billion per year in sub-Saharan Africa due to healthcare costs and lost productivity. However, investing in climate-resilient water and sanitation services could yield at least $7 in economic returns for every $1 spent.
“Water and sanitation infrastructure is fundamental to economic growth. Investing in it is not only a necessity, but good business sense. By securing funding for high-impact projects, we can create jobs, improve public health, and grow local economies,” said Mtchera Chirwa, Director for Water Development and Sanitation at the African Development Bank and Coordinator of African Water Facility.
Beyond funding, the event will facilitate discussions on public-private partnerships, blended finance models, and innovative financing mechanisms to accelerate progress in achieving United Nations Sustainable Development Goal 6 – universal access to clean water and sanitation by 2030.
Association of European Development Finance Institutions (https://EDFI.eu/) CEO David Kuijper said. “As stakeholders in development, together, we have the resources to make transformative change happen. The Association of European Development Finance Institutions (https://EDFI.eu/) values the partnership with the African Development Bank and African Water Facility to convene this event to find financial and technical resources for solutions through projects already on the market in Africa.”
Distributed by APO Group on behalf of African Development Bank Group (AfDB).
Hambalyo hambalyo yaa Roble congratulation for you and to you all for your graduation ……….
hambalyo dhamaan ardayda kasoo qalin jabisay jaamacada waxaanan leeyahay waa aqoon fresh ah oo inagu soo korodhay ee haynu ka faa'iidaysano.
Congratulations guys, I'm really happy to see our people getting educated and giving up on the gun. Whats also amazing is they all pursuing education from young to old.
Well done Mr Rooble, ilig, Marehan and Dheere, and the rest of the guys and girls.
Zamzam Ahmed Hassan Congradulations for your graduation, keep up the good job and congrats to the rest graduates
My dear Inadeer Rahma Osman congratulations for this great success. May your future be happy and successful.
we are all proud of you our little shining star.
and hambaleyo for the rest of your friends.
Muna,
UAE
Congrats to all of you Al and all the best! Africa and the world need you. Think out of the box!
iog,
U.S
CONGRATS….WAW MASHA ALLAH…NOQDA KUWII DALKA ANFACA IYO DIINTA IYO NAFTIINABA…
KUSOO DHAWAADA LEAGA MUTACALIMIINTA.
ALSO ITHANKS MACALIMIINTA PROFS WAX IDIN BARAY SIDA ASXAABTAYDA AMIIN CIRO KHADAR AABA YARE AHMED KUTUBEY…..AND MANY MORE OONU ISKU XILLI WAX WADA BARANAY……
WE ARE HAPPY GUYZ
Mr. Roble well done mr. Editor…..
Well done Mr Editor aka Rooble, we are proud of you.
Jubba
Melbourne
My baby sister Rahma
Congrats, you made us all very proud, insha Allah Always in progress and a bright future.
Rasha
congrats to all of you, i hope these young somalis will soon replace the old never ending tribal nonhuman over 50's 2 decade ago generation pretending to care about us….and bring fresh blood into our badly damaged body
my hopes have been raised
bravo from puntland