| Project Detail |
The Framework Loan (FL) will support the Malawi Water sector, including, amongst others, renewable energy facilities. In particular, the FL will allow 4 of the 5 Malawian Regional Waterboards to further improve: (i) Access-to-water in low-income areas (ii) Improve operational efficiency (iii) Reduce greenhouse gas emissions (iv) Increase drought resilience The planned investments in all 4 waterboards will finance: 1. Energy efficient (water) pumps coupled to renewable energy sources (mainly photovoltaic plants) 2. Increase of water storage capacities 3. Water distribution systems including water kiosks and house connections in low-income areas 4. Targeted investments to improve operational efficiency, e.g., SCADA systems, improved meter reading capabilities 5. Organisational development- and improvements regarding transparency of the water boards.
Objectives
The project is a strategic investment for the government of Malawi and a key priority in the Governments plan to tackle high poverty levels, raising inequalities and improving health. It is also is in line with Sustainable Development Goal #6 (which calls for ensuring availability and sustainable management of water and sanitation for all).
Sector(s)
Water, sewerage - Water supply; sewerage, waste management and remediation activities
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 140 million
Total cost (Approximate amount)
EUR 192 million |
