LATEST REGIONAL
PROJECT UPDATE
TOGO
The Khalifa Fund for Enterprise Development (KFED)
has revealed an operational set of standards and guidelines
to be followed under the recently signed Entrepreneurship
Support Agreement with the Togolese Republic (Togo). The
strategic agreement will provide funding assistance of over
US$15 million to SMEs in Togo, eventually resulting in the
financing of over 3,700 projects and the opening of around
13,000 job opportunities. The fund is expected to help
support micro and SME projects, especially across priority
segments like the agricultural and technology sectors
of the country.
SOUTH SUDAN
The Board of Directors of the African Development
Bank has approved a proposal to commit US $24.7
million to finance the South Sudan Strategic Water Supply
and Sanitation Improvement Project. It will additionally
cover the development of solar powered water distributions
systems and sanitation and hygiene promotion in high-
density rural communities surrounding Juba, as well as
capacity development in the relevant water institutions.
Implementation will commence during the 2019/2020
financial year, with the Ministry of Water Resources
and Irrigation and the South Sudan Urban Water
Corporation serving as the executing and
implementing agencies, respectively.
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