East African dam plans face reform pressures
Wednesday, May 10, 2023
Significance
Such deals allow countries to restructure existing debt to free up finance for investment in ‘green’ projects. The strategy’s success will be closely watched by Kenya’s neighbours, as dams feature prominently in the development plans of many regional countries but face increasing challenges.
Impacts
- East Africa continues to post above-average growth figures, but the positive picture is clouded by growing debt problems.
- A more regional approach may be required to deliver long-term energy security amid tighter financial conditions.
- Due to sedimentation and microbial dynamics in flooded reservoirs, dams can also impact availability of clean drinking water.