Mali Receives €50m to Fund Drinking Water and Sanitation System

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Mali Receives €50m to Fund Drinking Water and Sanitation System

The Republic of Mali received 50m euros from EIB to fund drinking water and sanitation system.

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On the sidelines of the European Development Days, Dr Boubou Cissé, Minister of the Economy and Finance of the Republic of Mali, and Ambroise Fayolle, Vice-President of the European Investment Bank (EIB), signed a EUR 50 million agreement to finance development of the drinking water supply and sanitation network of the city of Bamako.

This loan will support the Water and Sanitation Programme implemented by the Malian authorities, which is fully in line with the Millennium Development Goals (MDGs). 

This is a priority project for the city of Bamako, which is faced with rampant urbanisation and ever increasing water access needs. It will provide the Malian capital and its surroundings with both an adequate drinking water supply and a high quality sustainable sanitation system, with the aim of meeting the people’s urgent drinking water access needs and improving their daily living conditions.

Numerous large-scale works are planned for the network. Under the drinking water component, capacity will be doubled from 144 000 to 288 000 m³/day, and 25 000 m³ of new reservoirs, 30 km of water mains and 545 km of distribution network, comprising 34 000 connections and 600 standpipes, will be built and brought into service by 2021.

Overall, 2.5 million people will eventually benefit from the new sanitation system, and 560 000 of them will have access to drinking water in the very near future.

The EIB also financed Bamako’s drinking water master plan. This project is being cofinanced by the AFD, IDB, WADB and AfDB, which has concentrated on financing the Bamako Sanitation Project. 

As a key partner of Africa under the Cotonou Agreements, the EU bank has current exposure of EUR 21.5 billion to projects financed on the continent, including EUR 7.8 billion in sub-Saharan Africa. 

Read more: News Ghana

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