Mon. Apr 29th, 2024

NRWB Secures 47 million Euros (K90 billion) from European Investment Bank

By Suleman Chitera Feb22,2024

Northern Region Water Board (NRWB) has secured about 47 million Euros (K90 billion) from European Investment Bank (EIB), to be used to expand and improve the water supply system in Mzuzu City and surrounding areas.

However, the loan facility awaits EIB board approval, expected in March this year.

NRWB Board Chairperson Frank Mwenifumbo said in an interview that the loan unlocks various funding opportunities for the board towards sanitation initiatives if the project is completed in time.

Mwenifumbo disclosed that the board hosted a delegation from Brussels in camera in Mzuzu, which expressed satisfaction on how the board is implementing its projects.

He said part of the money; 22 million Euros will be used to raise Lunyangwa Dam to improve its holding capacity from 21 million litres to 30 million litres per day.

The chairperson further said 18 million Euros will be used for production efficiency by among others promoting usage of clean energy to pump water.

Mwenefumbo then said the remaining money will be used for procurement of prepared metres, which will be used to connect new customers within Mzuzu City and surrounding areas.

Related Posts

The British NCA Operations In Malawi Remain Questionable, Britons Aim To Topple Tonse Government

Exposed! British NCA bankrolls PIJ to victimize successful business persons, politicians, judges in Malawi The truth be told! The establishment Read more

Mirece supports land reclamation bought by foreigners

Reverend Flywell Somanje…. this is the way to go A governance and human rights organization, the Millennium Information and Resource Read more

I am not a crook— Mulli

MAINTAINED THAT PROCEDURES WERE FOLLOWED—Mulli— Picture by Catherine Maulidi Businessperson and National Bus Services Chairperson Leston Mulli on Tuesday told Read more

Navicha appointed as a leader of opposition in parliament

Member of parliament for Thyolo Thava, Mary Thom Navicha has been recently appointed as a new leader of opposition following Read more

Other stories

Leave a Reply

Your email address will not be published. Required fields are marked *

Ekhaya luxury Resort fully open