Metito Utilities, a global leader in sustainable water management, has entered into three Memoranda of Understanding (MoUs) with Cassa Depositi e Prestiti (CDP), SACE, and ACEA S.p.A. to spearhead major water infrastructure projects in Africa, the UAE, and other regions in need, reports Technical Review.
The agreements were signed during the UAE-Italy Business Forum in Rome, witnessed by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, and Italian Prime Minister Giorgia Meloni.
These strategic partnerships align with Italy’s Mattei Plan and the United Nations Sustainable Development Goals, emphasizing the importance of global cooperation in the development of sustainable water infrastructure.
Strengthening UAE-Italy relations
Metito’s collaboration with CDP, Italy’s national development bank, will support the financing of water projects in Africa’s Official Development Assistance (ODA)-eligible countries. This initiative aims to bridge critical infrastructure gaps while creating business opportunities for Italian enterprises.
Through its partnership with SACE, Italy’s Export Credit Agency, Metito Utilities will benefit from innovative financial solutions and insurance services designed to accelerate water infrastructure development in Africa, the UAE, and other key locations. This agreement is expected to boost economic relations between Italian industries and emerging markets while advancing sustainability objectives.
In addition, Metito Utilities’ alliance with ACEA S.p.A., a prominent provider of water, energy, and environmental services, will facilitate technological advancements in water treatment, desalination, and distribution networks across Africa and the Middle East. This collaboration is set to enhance water security and improve access to clean water in regions facing severe shortages.
As part of its commitment to scaling climate-smart water initiatives, Metito Utilities will utilize its AWID framework—an industry-first platform aimed at securing diverse funding sources to implement large-scale infrastructure projects across Africa.
Rami Ghandour, CEO of Metito Utilities, said, “As countries work to achieve water security for their growing communities, these partnerships create unprecedented opportunities to accelerate sustainable solutions. By combining Metito Utilities extensive experience with Italian expertise and financial capabilities, we are creating a powerful framework to address critical infrastructure needs and enhance water security across multiple markets. Building on our commitment to Africa initiated with Africa Water Infrastructure Development (AWID) launched with British International Investment, these collaborations further underscore our dedication to developing sustainable water infrastructure across the continent.”
