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    Reference: 20220718
    Release date: 12 June 2024

    Promoter – Financial Intermediary

    CENTRAL REGION WATER BOARD,LILONGWE WATER BOARD,NORTHERN REGION WATER BOARD,SOUTHERN REGION WATER BOARD

    Location

    Description

    The Framework Loan (FL) will support the Malawi Water sector, including, amongst others, renewable energy facilities. In particular, the FL will allow 4 of the 5 Malawian Regional Waterboards to further improve: (i) Access-to-water in low-income areas (ii) Improve operational efficiency (iii) Reduce greenhouse gas emissions (iv) Increase drought resilience The planned investments in all 4 waterboards will finance: 1. Energy efficient (water) pumps coupled to renewable energy sources (mainly photovoltaic plants) 2. Increase of water storage capacities 3. Water distribution systems including water kiosks and house connections in low-income areas 4. Targeted investments to improve operational efficiency, e.g., SCADA systems, improved meter reading capabilities 5. Organisational development- and improvements regarding transparency of the water boards.

    Objectives

    The project is a strategic investment for the government of Malawi and a key priority in the Government's plan to tackle high poverty levels, raising inequalities and improving health. It is also is in line with Sustainable Development Goal #6 (which calls for ensuring availability and sustainable management of water and sanitation for all).

    Sector(s)

    • Water, sewerage - Water supply; sewerage, waste management and remediation activities

    Under Global Europe NDICI guarantee

    Under EFSD+ Guarantee

    Proposed EIB finance (Approximate amount)

    EUR 96 million

    Total cost (Approximate amount)

    EUR 192 million

    Environmental aspects

    Environmental and Social Assessments will be carried out as part of the preparatory activities for some of the investments requiring such analysis. Resettlement Action Plan will be carried out as needed. The project shall have positive environmental and public health impacts and will allow the population to improve its access to potable water. The EIB will verify the environmental and social aspects and impacts of the project components, as well as proposed mitigation and compensation measures, in accordance with EIB's Environmental and Social standards. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate adaptation and sustainable use and protection of water and marine resources.

    Procurement

    The promoter has to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Status

    Approved - 9/07/2024

    Milestone
    Under appraisal
    Approved
    9 July 2024

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Malawi Water, sewerage