Bayport Secures $12 Million From WaterEquity for Water and Sanitation in Africa
By Inès Magoum
Mauritius-based Bayport Management has secured $12 million in financing from WaterEquity, the Water.org facility that finances development institutions engaged in water and sanitation projects around the world. The loan will be used to finance clean water and sanitation in seven countries in Africa.
Bayport Management will finance water and sanitation for low-income populations in Botswana, Zambia, Mozambique, Ghana, Tanzania and Uganda through a new loan. The $12 million in financing is being provided by WaterEquity, a facility designed to support institutions that finance water and sanitation projects around the world.
Photo courtesy of Trocaire.