NATIONAL BANK LAUNCHES KSHS.5B WATER, SANITATION AND HYGIENE FINANCING PROGRAM

National Bank of Kenya (NBK) in partnership with Aqua for All, has launched a KShs.5 billion Water, Sanitation and Hygiene financing program which will cater for clientele spanning micro, small and medium enterprises, corporates, public and private entities, vendors, technology providers, and various suppliers of products and services within the Water, Sanitation and Hygiene value chain up to last mile connectivity for communities and individuals. The partnership will also greatly supplement all national efforts to close the existing funding gap in the sector to realize the United Nations Sustainable Development Goal 6, aiming at ensuring universal access to safe and sustainable management of water and sanitation for all by the year 2030.

Speaking at the event, WASREB Ag. CEO Eng. Peter Njaggah lauded the move saying, water and sanitation coverage in the country was still low, adding that the gap in investment will be covered by blended financing, where National Bank and Aqua For All were getting into. He assured the financiers that the sector is well regulated hence this should give them comfort when financing the Water Service Providers. Courtesy National Bank.