Germany, Uganda ink Euro 23 million financing agreement

November 17, 2015 in Companies, Finance, Investment by Editor

KAMPALA, November 17- Gulu municipality will be the beneficiary of a Euro 23 million financing agreement signed today between Germany and Uganda that supports efforts by the National Water and Sewerage Corporation and municipal authorities to expand safe water coverage and waste disposal under the Integrated Programme to improve Living Conditions in Gulu.
Among others the Integrated Programme will help expand safe water coverage, basic sanitation infrastructure, a waste disposal system, a system for surface drainage in areas affected by flooding and the introduction of technical infrastructure planning.
As part of the agreement, residents of informal settlements in the municipality will be provided with safe drinking water at an economically sustainable and socially acceptable price. Also, an additional 90,000 beneficiaries shall have access to safe water while basic sanitation will be brought to an additional 50,000 beneficiaries by 2019. It is also expected that the programme will increase the percentage of collected, treated and disposed waste from 30 percent to 50 percent by 2019 while infrastructure for surface drainage will be fully functional.
Germany is the largest bilateral development partner (with a current portfolio of approx. EUR 1.7 billion) in the water and sanitation sector in Africa. In 2013 Germany committed EUR 43 million to the Ugandan Water and Sanitation Sector. In conjunction with other development partners, Germany has also co-financed the National Water and Sewerage Corporation’s EUR 114 million Kampala Sanitation Programme and the EUR 212 million Kampala Water – Lake Victoria Water and Sanitation Project.