Waste management gains ground in African urban infrastructure

From the newsletter

Development finance institutions are increasingly financing waste management as core urban infrastructure, alongside water, sanitation and energy systems. In South Africa, the BRICS-backed New Development Bank has approved a $1 billion loan supporting metropolitan infrastructure, including solid waste management, across eight cities.

• Despite generating millions of tonnes of waste daily, African cities struggle to develop large-scale waste infrastructure due to limited financing, constraining system-wide investment.

• With the new funding approach, waste management is becoming a core component of city-wide infrastructure investment planning, supported through larger and more structured financing packages. 

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