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The African Development Bank (AfDB) and Cameroon in Tunis signed an UA10mn ADF loan agreement and a UA5mn grant agreement in Tunis in June 2010.
The World Bank Board of Executive Directors has approved an International Development Association (IDA) credit of US$80mn in support of the Water Supply and Sanitation project in Ethiopia.
The rise in the global demand for clean water has led to a record increase in fresh water processed from sea water. Global water shortages are driving the demand.
According to the United Nations Development Program, more than one billion people, or about one in six worldwide, do not have safe drinking water, and more than two billion lack access to adequate sanitation.
The U.S. Agency for International Development (USAID) and The Coca-Cola Company announce an additional joint investment of US$12.7mn in their global partnership, the Water and Development Alliance (WADA).