Remarks for US Ambassador to Senegal Tulinabo S. Mushingi
Launch of USAID WASH-FIN project
King Fahd Hotel, Feb. 20, 2018
Monsieur le ministre de l’Hydraulique et de l’Assainissement,
Monsieur le Secrétaire General du ministère de l’Hydraulique et de l’Assainissement,
Monsieur le chef de projet USAID WASHFIN
It is my pleasure to welcome you to the official launch of the USAID Water, Sanitation, and Hygiene financing project in Senegal.
WASHFIN, as it is known, is a global USAID program designed to assist governments in closing financing gaps by tracking public expenditures and leveraging private sector funding to the WASH sector. In Africa, WASHFIN is going to be working here in Senegal, as well as Kenya, South Africa, Nigeria and Mozambique.
I am pleased to note that Senegal is among the first WASHFIN countries in Africa. The project has a target of leveraging 2.6 billion CFA ($5 million) over the next two years for private sanitation service providers.
WASHFIN will support the Government of Senegal’s initiative for the establishment of a Blue Fund. It will also strengthen the capacity of government entities and the private sector to fill funding gaps by using both repayable and grant financing.
Through WASHFIN, the USG will provide technical support to the Government of Senegal’s ambitious efforts to introduce the Blue Fund as a global funding facility at the 2021 World Water Forum hosted in Dakar.
We recognize that the WASHFIN team and their local partners have an important task ahead. The successes and lessons learned from this project will inform how the private sector and governments throughout Africa modernize their approaches to sanitation. USAID technical experts will be available to provide the support that you need to make Senegal a model in innovative water and sanitation solutions.
WASHFIN is a key component of our work in water, sanitation, and hygiene. It is providing capacity building for the sanitation service providers and commercial banks to have suitable financial products and services.
WASHFIN is also exploring opportunities to facilitate additional commercial financing. Other USG support in financing will also be leveraged, through USAID, such as bank guarantees and innovation ventures, to diversify the range of possibilities for mobilizing investment within the sector.
I am also pleased to see that WASHFIN is already working closely with other partners, particularly the Bill and Melinda Gates Foundation, the French Development Agency and UNICEF to achieve tangible changes in the sector.
Cooperation is critical for the success of all our efforts. There is tremendous potential in commercial financing, not just for assisting with closing the financing gap, but also for strengthening Senegal’s WASH sector.
Together with other donors and the private sector, we are forging new partnerships and bolstering existing ones to better support the government of Senegal and their agenda to promote access to water and improved sanitation for all.
I am sure that by the 2021 World Water Forum in Dakar, our projects will be well positioned to join the Government and share their experience during this high level forum.
Allow me then, to wish all of you every success in the task ahead. This is a big job, and we all have our parts to play. But working together, we can ensure a brighter, cleaner, more sustainable future.