Water: EU bank to fund Lesotho projects

Published Jul 9, 2014

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The European Investment Bank would grant 1.1 billion maloti (R1.1 billion) to Lesotho to improve its water and sanitation infrastructure, EU ambassador to Lesotho Hans Duynhouwer said on Monday. The economic bloc would work with a local committee on allocating funds to various projects to improve service delivery in urban and rural areas, he said after an annual review of the water sector. About 64 percent of the population had access to fresh water and the money would be used to expand supply from the Metolong Dam, Energy, Meteorology and Water Affairs Minister Ts’eliso Mokhosi said.

– Bloomberg

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