NamWater needs N$12.7 billion over the next five years to develop new water schemes and to rehabilitate aging infrastructures in Namibia. This was revealed by the Ministry of Agriculture, Water and Forestry Executive Director Percy Misika when he addressed the financing of water projects roundtable discussion in Windhoek yesterday. Misika revealed that NamWater has only been able to secure N$2.3 billion - out of the needed N$12.7 billion. To address this, Misika said government will be investigating the feasibility of establishing a water scarcity fund, which will preserve funds for emergencies related to drought.
Source: New Era Live