Water Crisis: Broken Global Financial Order

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Africa’s Water Crisis Exposes Broken Global Financial Order.

According to AFRODAD, Africa currently invests between $10 billion and $19 billion annually in water infrastructure, while at least $30 billion more is needed each year to close the financing gap.

ADDIS ABABA, Ethiopia— The African Forum and Network on Debt and Development (AFRODAD) says Africa’s worsening water crisis reflects deep structural flaws in the global financial system, as leaders prepare for the African Union’s 39th Ordinary Session in Addis Ababa, writes Winston Mwale.

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