Lake Victoria WATSAN - Kampala Water

Lake Victoria WATSAN's aim is the creation of viable utilities with improved ability to implement and operate the necessary infrastructure for water supply, sanitation and waste management of the Lake’s water, while developing viable approaches for incorporating services for poor populations.  The total project cost is estimated at EUR 212m and will be financed through subsidized loans and grants from AFD, KfW, EIB and the EU-Africa ITF, as well as equity from the National Water and Sewerage Corporation (NWSC).  KfW, AFD and EIB are collaborating under the Mutual Reliance Initiative, with KfW as the lead financier. The Board of Directors of AFD and EIB approved the project financings before the end of 2010, approval of German funds is planned for the first quarter 2011 and signature of the loan agreements is planned for the first semester 2011.   

The grant sought will be utilized to blend AFD's own resources loan of EUR 64m in order to achieve terms compatible with the debt strategy of the Government of Uganda.