Malawi receives US$25 million additional financing for water and sanitation.

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M2 PRESSWIRE-28 March 2008-The World Bank Group: Malawi receives US$25 million additional financing for water and sanitation(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:28032008

LILONGWE -- The Government of Malawi and the International Development Association (IDA) today signed a US$25 million grant to improve water supply and sanitation services in towns, market centres and rural areas of Malawi.

The funding builds on an already operational US$50 million Second National Water Development Project (NWDP II) financed by IDA that commenced in 2007.

The new funding is from the Africa Catalytic Growth Fund (ACGF), which is a multi-donor trust fund[1]that seeks to scale up funding for promising interventions in Africa. The fund focuses...