50 billion USD needed for water and sanitation in Africa
15 June 2011
It will be necessary to devote 50 billion dollars to the domain of water and sanitation over the next twenty years if needs in Africa are to be met, according to the ex-Managing Director of the International Monetary Fund.
On Tuesday in Lisbon, at the annual meeting of the African Development Bank, Michel Camdessus called for a substantial increase in investments, reports the APA press agency.
"It is essential that the water issue be listed as a top priority of African countries’ development programs and be treated the same way as energy and transportation’’, he explained.
This statement follows the signature of the Supervisory mission report on the Urban Water Supply and Sanitation Project (PEASU) in DRC on 9 June, reports the newspaper La Prospérité.
With a value of over 70 million USD, PEASU comprises a number of initiatives, including a rapid intervention plan for drinking water which will affect a million people in western Kasai.