Preparing and Financing Water Projects in Africa
The African Water Facility (AWF) has been established in 2004, under the initiative of the African Ministers' Council on Water (AMCOW), to mobilize resources to finance water resources development activities in Africa.
It is hosted and managed by the African Development Bank (AfDB).
Since its operationalization in 2006, the AWF has developed a grant portfolio of 117 projects in 52 countries, including the most vulnerable countries.
The Vision
The AWF vision is aligned with the African Water Vision 2025 which is to support "improved development, equitable and sustainable management of water resources in Africa for poverty alleviation, socio-economic development, regional cooperation
On average each €1 contributed by the AWF has attracted €32 in additional follow-up investments.
Mission and strategy
The AWF helps African countries achieve the objectives and targets set by the Sustainable Development Goals - 2030 for the water and sanitation sector, and by the African Water Vision for 2025.
Governance
The Governing Council decides the general policy and direction of the AWF. It is made up of 13 members appointed by AMCOW, donors to the fund, the African Development Bank, the African Union and UN-Water/Africa.
Donors and funding
Since 2006 the AWF has mobilised €151.2 million from 15 bilateral, multilateral financial institutions, foundations and African governments.