Responsive Image Banner

Africa Development Bank and Chinese fund provide $124.4m for Angolan coastal town sanitation

Premium Content

Angolan finance minister, Vera Daves de Sousa (r)and African Development Bank Country Manager for Angola, Pietro Toigo (l) sign coastal projects agreements in Luanda, Angola Angolan finance minister, Vera Daves de Sousa (r)and African Development Bank Country Manager for Angola, Pietro Toigo (l) sign coastal projects agreements in Luanda, Angola (Image: AfDB)

The Africa Development Bank (AfDB) and a fund backed by China have agreed to loan a total of $124.4 million to Angola for construction projects to improve sanitation in four coastal towns.

The Coastal Towns Inclusive Sanitation Project is part of the Angolan government’s efforts to improve water and sanitation service delivery in the country, in line with its Vision 2050 which promotes sustainable and climate-resilient water and sanitation infrastructure and service provision.

The project involves building sewage reticulations, wastewater and faecal sludge treatment plants in the towns of Benguela, Baía Farta, Catumbela and Lobito, in western Angola.

The AfDB agreed a $75 million loan with the Africa Growing Together Fund (AGTF), sponsored by the People’s Bank of China and administered by the AfDB, providing another $49.4 million.

Angolan finance minister Vera Daves de Sousa and AfDB country manager for Angola, Pietro Toigo, signed the agreements in Luanda, Angola.

Toigo said: “The government of Angola took a momentous step forward to promote clean and hygienic living conditions for communities in the four coastal towns. We are delighted to be launching an innovative integrated project that combines elements of infrastructure investment, support to private sector operators; community-led sanitation and governance to improve the sustainability of public utilities”.

STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Longer reads
Why telematics could be the most important item in your toolkit
Maximise uptime, productivity and fuel efficiency and you’re halfway to ensuring business success. And there’s a digital tool that can help…
Rethinking construction’s most overlooked role: the superintendent
With labour shortages worsening, it’s time the industry modernised how it presents one of its most vital jobs – the on-site leader who keeps projects moving
What is the Genie business worth and what type of buyer could it attract?
What could happen following Terex’s announcement that it will sell or spin off its Genie aerials business?
CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
Peter Collinson International Sales Manager Tel: +44 (0) 1892 786220 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA
World Construction Week newsletter

World Construction Week & Construction Briefing

Global project news, expert analysis and market trends, straight to your inbox.

Sign me up