African Development Fund grants $3.1 million to support Nile Basin Initiative
Eight member countries of the Nile Basin Initiative (NBI) have decided to reinforce the capacity of their common organization in terms of formulation of Water Policy. The strengthening of the water sector will help them to develop a resource which is vital for their populations.
To support this Initiative, the African Development Fund (ADF) on 6 October 2004 in Tunis, approved a grant amounting to 2.10 million Units of Account (UA), equivalent to $3.108 million which will be used to finance the Water Resources Planning and Management Project.
The Water Resources Planning and Management Project is one of eight basin-wide projects under the Shared Vision Program (SVP) of the Nile Basin Initiative (NBI). The NBI is a partnership initiated and led by the riparian states of the Nile River through the Council of Ministers of Water Affairs of the Nile Basin states (Nile Council of Ministers, or Nile-COM).
The Water Resources Planning and Management Project addresses the fundamental need for strengthening capacity and developing tools so that the Nile Basin countries can attain an equal level of capability for integrated water resources planning and management.
The project aims at furthering cooperation amongst the Nile countries and making informed decisions at national and regional levels on the basis of enhanced capacity in policy and strategic planning, strengthened institutional capacity, availability of common integrated water resource management tools, and improved mechanisms for sharing information. (menareport.com)
© 2004 Mena Report (www.menareport.com)
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