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Islamic Development Bank approves US$ 18.8 million for wastewater treatment project in Guinea

  • Islamic Development Bank approves US$ 18.8 million for wastewater treatment project in Guinea

About the entity

Islamic Development Bank (IsDB)
The Islamic Development Bank is a multilateral development bank (MDB), working to improve the lives of those we serve by promoting social and economic development in Member countries and Muslim communities worldwide, delivering impact at scale.

The Board of Executive Directors of the Islamic Development Bank (IsDB) held its 341st meeting on the sidelines of the IsDB Group Board of Governors’ 2021 Annual Meetings underway in Tashkent, Uzbekistan.

Chairing the meeting, H.E. Dr. Al Jasser stated that he was honored with the endorsement of his election by the Board as the President of IsDB and Chairman of the IsDB Group.

“Your Excellencies, respected countries and governments. I will work to the best of my abilities for the benefit of this institution. I will spare no effort to meet the expectations of member countries and those that rely on our support and advice,” Dr. Al Jasser added.

The 2021 Annual Meetings of the Board of Governors of IsDB Group took place from 1-4 September 2021 in the city of Tashkent. During the meetings, there are several side events, knowledge sharing activities and bilateral meetings aimed at meeting the development aspirations of IsDB member countries.

The Board approved three new development projects for Nigeria, Guinea, and Sierra Leone totaling US$ 110.14 million in infrastructure, water and sanitation, and education.

The projects include a Wastewater Treatment Development Project in Conakry:

  • US$ 18.8 million to the Republic of Guinea for the Wastewater Treatment Development Project in Conakry Under Reverse Linkage.
  • The Project aims to improve sanitation service in Conakry by treating the collected wastewater before discharging it to the ocean in order to protect the public and environment from the negative effects of the untreated wastewater.

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