Bloomberg News

Kenya Gets $155 Million in World Bank Financing for Waterworks

June 19, 2013

Kenya will receive $155 million in financing from the World Bank for water and irrigation aid, including a project on the Lower Nzoia River west of Nairobi to help address water-supply and food-security concerns.

The Washington-based lender said credit from its International Development Association unit backs Kenya’s efforts to improve water infrastructure, boost water-storage and capacity and assist farmers with crop irrigation.

The financing “will help move forward Kenya’s plans to manage its water resources and develop a pipeline of water investments that will help improve the country’s water security and climate resiliency,” Diarietou Gaye, World Bank country director for Kenya, said in a statement. “Kenya is a water-scarce nation with over 80 percent of its land considered to be arid or semi-arid.”

Kenya is “highly vulnerable to erratic climatic patterns and limited water availability,” Jamal Saghir, World Bank sustainable development director with the Africa region, said in the statement yesterday.

To contact the reporter on this story: Johnstone Ole Turana in Nairobi at jturana@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net


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