Togo to get CFA10bn from BOAD for water supply project

Investments
Thursday, 20 September 2018 14:38
Togo to get CFA10bn from BOAD for water supply project

(Togo First) - The West African Development Bank (BOAD) will pour CFA10 billion into a water supply project in Togo. The project will benefit 89 semi-urban centres.

The financing was approved during the bank’s board meeting last Wednesday in Abidjan, for its 110th ordinary session.

The monies will be used to build 35 water supply systems to serve 46 semi-urban centres. In detail, the project will involve drilling wells, river intakes, installing treatment facilities, drinking water adduction and distribution pipes, BOAD revealed.

Also is projected the construction of 39 water towers to serve 546 standpipes and 700 special water services.

Targeted centres are those with a low coverage rate, around 20%. It should be recalled that in the country, less than 60% of populations have access to drinking water, according to an official development assistance released last July.

Beside the announced financing, BOAD also committed to invest CFA4 billion in the upgrade of Hôtel 2 Février, which is now managed by Emaar Hospitality Group.

Fiacre E. Kakpo

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