Logo

World Bank finances water and irrigation infrastructure of Angola

The World Bank announced that it will invest US$1bn to support agricultural projects in Angola linked to water resources and irrigation

WaterThe Angolan government is also spending billions of dollars to rebuild its agricultural infrastructure. (UGA/Flickr)

Gregor Binkert, director of World Bank, said that the investment by the bank will create more jobs and reduce hunger and poverty in the country.

Binkert further noted that Angola, which is sub-Saharan Africa's second-largest oil producer, has seen its economy grow rapidly since the civil war ended in 2002. "But the country still needs to repair infrastructure and expand other sectors of the economy.”

The World Bank has already invested US$426mn in projects in the areas of education, agriculture, health and local development, added the director of World Bank.

“It was essential to support Angola in implementing its national development plan, as the country needed more infrastructures to improve the well-being of its people. The Angolan government has quite a coherent programme, so the bank will support it financially," stated Binkert.


LATEST NEWS IN Water & Irrigation

Rivulis opens new factory in Manzares

Rivulis opens new factory in Manzares

Rivulis, a global leader in micro irrigation solutions, has announced the opening of its new state-of-the-art factory in Manzanares, Spain

Irrigating Africa optimally

Irrigating Africa optimally

Progressive farmers have begun to adopt modern techniques such as precision irrigation that do not rely on rain. In an exclusive interview with Tulana Nayak from African Farming, Elad Levi,...

FAO backs management of empty pesticide packaging in West Africa

FAO backs management of empty pesticide …

The GCP/INT/147/GEF Project, funded by the Global Environment Facility (GEF) and coordinated by FAO, has targeted Senegal’s Missirah to manage existing packaging and put in place a mechanism for sustainable...

Critical to pair tree-planting drives with water-wise technologies: Dake Rechsand

Critical to pair tree-planting drives wi…

In the backdrop of increasing tree-planting drives across the MENA region, Dake Rechsand, a company that specialises in sustainable solutions for water conservation and desert farming, has stressed the need...

Boosting commercialisation of water stress management solutions for field crops

Boosting commercialisation of water stre…

Agri-biotech company Elicit Plant closed its financing round to accelerate the development of its water stress management solution in agriculture, with support from the European Circular Bioeconomy Fund (ECBF)

Rivulis offers free crop monitoring and irrigation detection service to its customer growers

Rivulis offers free crop monitoring and …

Rivulis, a global innovator micro-irrigation solutions innovator, has provided a free service to its customer growers for monitoring crops and detecting irrigation issues with satellite imagery

Prev Next

OTHER RELATED ARTICLES - Water & Irrigation

EU supports water development projects in Sudan

EU supports water development projects i…

Jean-Michel DUMOND, head of the European Union (EU) delegation to Sudan, has confirmed the EU’s commitment to support better access to drinking water for the Sudanese population

Rotating debris out of irrigation water

Rotating debris out of irrigation water

As with many other farmers, Bob Wietharn had a real problem. He irrigated from a river so shallow that he could usually wade across it, but the nozzles of his...

Access to safe water is crucial to sustainable development

Access to safe water is crucial to susta…

With climate change and population growth putting increasing pressure on finite water resources, FAO is urging countries to step up efforts to increase water efficiency and provide access to safe...

AB Sugar announces winning idea for irrigation water loss

AB Sugar announces winning idea for irri…

Samuel Mukisa and Yvonne Nalinnya, who studied civil engineering at Makerere university and have a keen interest in irrigation, have been announced as the winners of AB Sugar's Innovate Irrigation...

WE4F South and Central Africa Regional Innovation Hub calls for innovation

WE4F South and Central Africa Regional I…

Water and Energy for Food Grand Challenge (WE4F) Southern and Central Africa Regional Innovation Hub (S/CA RIH) has launched its first Call for Innovations, open to enterprises, non-profits and academic...

Water, our lifeblood

Water, our lifeblood

By Ivy Latour, Marketing & Communications Director, Asia Industrial, Veolia Water Technologies A most dynamic industry, the food and beverage (F&B) market has seen dozens of food trends come and go,...

DJI introduces AGRAS T20 drone for precision agriculture spraying

DJI introduces AGRAS T20 drone for preci…

Drone and camera technology company DJI has launched an agriculture drone, the DJI AGRAS T20

KickStart pump to boost Africa's irrigation capacity

KickStart pump to boost Africa's irrigat…

How can Africa break out of its dependence upon subsistence farming?

Urgent US$621bn needed for Africa to meet UN SDGs

Urgent US$621bn needed for Africa to mee…

The Global Infrastructure Hub, a G20 initiative, has revealed an urgent need for infrastructure investment in 10 Compact with Africa countries and highlights that reforms are required to encourage greater...

Historic engagement in water infrastructure

Historic engagement in water infrastruct…

Efforts aimed at improving Egyptian irrigation have been enhanced with transformative investment by Kirloskar Brothers Limited

Collaborative approach results in new guidelines for greenhouse water management

Collaborative approach results in new gu…

Consumers are increasingly looking for quality food which is healthy, safe and at the same time cultivated sustainably

Micro-irrigation for horticultural crops

Micro-irrigation for horticultural crops

Micro Irrigation was designed and developed to secure and sustain crop growth in arid and semi-arid environments and greenhouses where water is always at a premium

Prev Next

Template Design © Joomla Templates | GavickPro. All rights reserved.