UK to Give £650 Million for Projects in Developing African Countries
By Mary Wambui
The United Kingdom will contribute £650 million to the African Development Fund (ADF) towards high impact and low-cost finance projects in developing nations in Africa.
A statement from the UK High Commission in Nairobi said the funding will help deliver electricity for almost 20 million people, improve sanitation for over 30 million people and create over 2.3 million new jobs, improve healthcare and enhance food security across the continent.
The fund will also support small businesses to create jobs and facilitate transition to green energy as support to deal with the adverse impacts of climate change.
Photo courtesy of Free-Photos.
Source: The East African (link opens in a new window)
- Categories
- Energy, Environment, Investing, WASH
