Monday
December 14
2020

Nordic Development Fund Approves $8.8 Million Grant for African Water Facility

By Theresa Smith

The board of directors of the NDF approved the grant funding to bolster investments in COVID-19 recovery and preparation for investment of water supply, sanitation and integrated water resources management projects.

The AWF is a Special Fund established in 2005 by the African Ministers’ Council on Water (AMCOW), and hosted and administered by the African Development Bank (AfDB). The NDF, a Nordic international finance institution established by Denmark, Finland, Iceland, Norway and Sweden in 1988, focuses on the intersection of climate change and development in lower-income and fragile countries.

Photo courtesy of zhang kaiyv

Source: ESI Africa (link opens in a new window)

Categories
Investing, WASH
Tags
coronavirus, funding, impact investing, sanitation, WASH