The inaugural three-day water investment summit in Cape Town has managed to get annual investments of betwt een 10b and 12b. The African Union AIP Continental Africa Water Investment Programme Water Investment Summit is aimed at attracting investment to address water scarcity on the continent as well as putting measures in place to ensure water security in the face of global warming.
The continent has a annual finance gap of US 30b when in comes to water investment.
The summit brought governments, investors and businesses from all over the continent and abroad, to discuss ways to make serious investment in water. And, it was highly successful, says Moses Vilakati from the African Union Commission on Agriculture, Rural Development and Sustainable Environment.