Individual credit assessment reports for seven African water utilities by Global Credit Rating Co. The gap between funds available to water utilities and the demand for water infrastructure has grown. There is therefore a need to facilitate the process of mobilizing additional funding for developing the water sector and ensuring that these investments result in sustainable service delivery. One of the key actions taken in this regard has been to conduct credit ratings so as to develop a better understanding of the credit worthiness water utilities in Africa. The findings from a sample study are presented in this regional report.
The analysis is based on data sourced from seven participating water utilities across five African countries – Burkina Faso, Kenya, Senegal, Tunisia and Uganda. The data is then used to calculate proxies for industry statistics.