European Investment Bank Provides EUR 79 Million for Water Desalination and Wastewater Treatment in Djibouti

Strategic Insights -

The European Investment Bank has agreed to provide EUR 79 million in 25-year financing to support water desalination, access to clean drinking water, and wastewater treatment in Djibouti. This is the EIB's first-ever support for water investment in 44 years of operations in the East African country, and it is expected to secure access to clean water for more than 555,000 people. The EIB's first investment in Djibouti through its new development finance arm, EIB Global, will double freshwater production capacity at the Doraleh Desalination Plant and expand three wastewater treatment plants at Doraleh, Balbala, and Douda.

Key Takeaways:

  • The EIB's EUR 79 million financing will support water desalination, access to clean drinking water, and wastewater treatment in Djibouti, with a focus on implementing advanced water desalination technologies and enhancing wastewater treatment infrastructure.
  • The project will harness renewable energy sources, such as solar and wind power, to ensure sustainable water supply and reduce Djibouti's carbon footprint.
  • The investment will enable Djibouti to develop its water sector, strengthening its resilience to climate change and improving water security for its population.
  • The EIB's funding will allow for cost-effective project implementation, ensuring sustainable water management practices for years to come.
  • The project is part of the Global Gateway initiative, which aims to promote climate resilience and water security in vulnerable countries.
  • The financing is guaranteed by the European Union's Neighbourhood, Development and International Cooperation Instrument (NDICI) and will be used alongside grant financing from the European Union, the French Development Agency (AFD), and support from the Djibouti government.
  • The project is expected to secure access to clean water for more than 555,000 people and will provide a model for best practices in water management across the region and around the world.
  • The project is the second phase of the PEPER initiative, which aims to produce fresh water through desalination and renewable energy, and will enable daily production of 45,000 cubic meters of fresh water.
  • The project will be implemented by the Office National de l'Eau et de l'Assainissement de Djibouti (ONEAD) and will support Djibouti's Vision 2035.

Statistics:

  • EUR 79 million: The amount of EIB financing for water desalination and wastewater treatment in Djibouti.
  • 555,000 people: The number of people expected to gain access to clean water as a result of the project.
  • 25 years: The duration of the EIB loan to the Ministry of Economy and Finance of the Republic of Djibouti.
  • 45,000 cubic meters: The daily production of fresh water enabled by the project.
  • 12 MW: The capacity of the photovoltaic plant to power desalination.
  • 22,500 cubic meters: The daily production of fresh water enabled by the first phase of the PEPER initiative.
  • 2021: The year the Djibouti desalination plant was inaugurated.

Sources:

  • The European Investment Bank
  • The European Union
  • The French Development Agency (AFD)
  • The Office National de l'Eau et de l'Assainissement de Djibouti (ONEAD)
  • Djibouti Ministry of Economy and Finance
  • Press Release: European Investment Bank to provide EUR 79 million to support water desalination and wastewater treatment in Djibouti
  • News: European Investment Bank provides EUR 79 million for water desalination and wastewater treatment in Djibouti