• Contact
Saturday, October 18, 2025
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    nigeria

    Nigeria in talks with China for $2bn loan for super grid

    REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

    Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

    china

    Africa is becoming one of China’s favorite markets, and Trump may have helped

    Trending Tags

  • Business
    dhl

    DHL plans to invest €300m to expand logistics in Africa

    kenya airways

    Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

    vodacom

    Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

    multichoice

    French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

    refinery

    Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

    dangote

    Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

    Arthur Eze

    Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia

    elon musk

    Elon Musk is a step closer to becoming a trillionaire. Here’s a look at his rising wealth

    Multichoice logo on building 900x675

    South Africa’s MultiChoice set for new ownership as $3bn takeover deal gets green light

  • Finance
    Standard Bank

    South Africa banks curb lending over climate-related default risks, study finds

    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    nigeria

    Nigeria in talks with China for $2bn loan for super grid

    REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

    Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

    china

    Africa is becoming one of China’s favorite markets, and Trump may have helped

    Trending Tags

  • Business
    dhl

    DHL plans to invest €300m to expand logistics in Africa

    kenya airways

    Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

    vodacom

    Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

    multichoice

    French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

    refinery

    Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

    dangote

    Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

    Arthur Eze

    Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia

    elon musk

    Elon Musk is a step closer to becoming a trillionaire. Here’s a look at his rising wealth

    Multichoice logo on building 900x675

    South Africa’s MultiChoice set for new ownership as $3bn takeover deal gets green light

  • Finance
    Standard Bank

    South Africa banks curb lending over climate-related default risks, study finds

    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Economy

Rwanda: universal access to water by 2050 will cost $400m a year (WASAC)

TAB by TAB
20/12/2023
in Economy
0
rwanda
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

It will cost $400 million a year until 2050 to achieve universal access to drinking water in Rwanda. These are the findings of a recent study by the Water and Sanitation Corporation (WASAC).

Improving drinking water coverage is a major undertaking in Rwanda. The first challenge facing Paul Kagame’s government is to ensure that all Rwandans have access to clean water by 2024, compared with 82% today. But will the water security being sought keep pace with population growth?

Related posts

nigeria

Nigeria in talks with China for $2bn loan for super grid

08/10/2025
5
REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

07/09/2025
5

According to Rwanda’s water and sanitation company, Wasac, this phenomenon could upset the balance after 2024, and Rwanda would quickly fall back into water shortages. In a recent study, the state-owned company indicates that the East African country will need at least 400 million dollars a year to cover the drinking water demand of Rwandans by 2050. “Rwanda’s 13 million inhabitants will exceed 23 million by 2052, and to meet their water needs, the government must plan and implement projects every year,” explains Omar Munyaneza, Wasac’s Managing Director.

Mobilising more funds from development partners

The last investment allocated by the Rwandan government to the water sector dates back to May 2019, when the Rwandan Ministry of Infrastructure committed $440 million over three years. These funds were used in particular to build water treatment plants and supply systems in urban and rural areas of Rwanda.

“The government’s budget cannot finance all the projects we have, which is why we need to seek other sources of funding from our partners”, WASAC suggested in its report on access to drinking water in Rwanda. These include funding such as the $249.5 million loan approved by the African Development Bank (AfDB) on 1 December 2023. It is earmarked for the implementation of the Sustainable Water Supply and Sanitation for Transformation Programme, which will help to secure drinking water supplies for 1.5 million Rwandans.

For Wasac, this funding will also help solve the problems of leaks and damaged pipes. Currently, 40% of the country’s water production is lost through leaks. “Our master plan for water and sanitation already shows the necessary projects to be implemented each year until 2050”, said Omar Munyaneza, adding that the projects to be carried out between 2035 and 2040 have already been defined.

Previous Post

5 ways to make sure your kids grow up to be wealthier than you are

Next Post

Africa’s first female billionaire Isabel dos Santos loses legal battle over $735 million asset freeze

Next Post
Africa’s richest woman Isabel Dos Santos finds herself deep in another financial scandal

Africa's first female billionaire Isabel dos Santos loses legal battle over $735 million asset freeze

RECOMMENDED NEWS

catoca

Pensana secures $160m loan facility for Angola rare earths project

9 months ago
36
Aleph Hospitality signs first hotel in Rwanda

Aleph Hospitality signs first hotel in Rwanda

4 years ago
11
Sergio Pugliese: Opportunities created by Angola’s energy transition

Opportunities created by Angola’s energy transition

3 years ago
9
Altostream app makes debut

Altostream app makes debut

4 years ago
11

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business - News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • DHL plans to invest €300m to expand logistics in Africa
  • Kenya Airways takes off on locally made jet biofuel in bid to attract green investment
  • Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business