TANZANIA – Tanzania Breweries Limited (TBL) has disbursed a total of US$600,000 to finance the implementation of a bankable nature solution project.
The three-year project, which is implemented by Wami/Ruvu Basin Water Board (WRBWB) in cooperation with the World Wild Fund (WWF), focuses on improving water quality and quantity supplied to Dar es Salaam.
WRBWB Director Elibariki Mmassy highlighted that the project was also geared to protecting watershed biodiversity in the city and satellite towns in the Msimbazi, Mzinga and Ruvu rivers sub-catchments.
Urging other members of the private sector to emulate TBL, Mr Mmassy said they were targeting to collect some Tsh5 billion (US$2.1m) to cover the entire project from March 2022 throughout to December 2025
The project setup was aligned with the overall principles of integrated water resource management approach to ensure the coordinated development of water resources with a view to optimising social and economic welfare without compromising their sustainability.
TBL’s Country Director Jose Moran commented on the initiative highlighted that water is the number one ingredient in beer and that is why they were taking part in efforts meant to improve water access and security in the communities.
The efforts were also geared towards ensuring that farmers and communities stood a chance to access sustainable sources of water without depletion.
“We are proud of this initiative as TBL, as it will play a huge role in ensuring that conserved freshwater resources will contribute significantly to positive social, environmental and economic outcomes while making communities and ecosystems more climate resilient,” noted Mr Moran.
The initiative is part of TBL’s parent company, AB InBev’s goal seeking to ensure 100% of its communities in high stress areas will have measurably improved water availability and quality by 2025.
Still in pursuit to avail ample safe to use water, Metito Holdings, a global leader and provider of choice for total intelligent water management solutions UAE’s Metito Holdings Ltd., Scatec ASA and Orascom Construction are in talks with Egypt on a US$1.5 billion renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages.
The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a build, own, operate and transfer system.
The consortium’s proposal involves a 400-megawatt solar-power facility and a desalination plant able to process as much as 1 million to 2 million cubic meters per day.
Egypt needs an annual 114 billion cubic meters to meet the needs of its more than 100 million people, but gets only about half that from natural sources.
Liked this article? Subscribe to Food Business Africa News, our regular email newsletters with the latest news insights from Africa and the World’s food and agro industry. SUBSCRIBE HERE