World Bank Earmarks Aid for Lake Victoria Basin Development

    The

    will lend USD90 million to support the sustainable management of Lake Victoria Basin. The initiative – which involves Kenya, Tanzania and Uganda – will bolster regional collaboration to decrease environmental hazards and enhance the living conditions of communities residing in the area. The Swedish government and Global Environment Facility are cofinancing the project.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.