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The World Bank Group announced Monday that its board of directors has approved more than $200 million in funding for off-grid electrification projects in West Africa and the Sahel, designed around stand-alone solar systems
.
The World Bank Group's Board of Directors approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in International Development Association (IDA) credits and grants and another $74.
7 million in Reconstruction grants from the Clean Technology Fund to help the West African Development Bank and ECOWAS Renewable Energy and Energy Efficiency Centers expand grid power
grids for populations in 19 countries in West Africa and the Sahel.
The 19 African countries benefiting include Benin, Burkina Faso, Cape Verde, Cameroon, Central African Republic, Chad, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo
.
ROGEP's specific goal is to increase the supply
of electricity to households, businesses and public institutions in West Africa and the Sahel using modern stand-alone solar systems.
ROGEP is expected to benefit 1.
7 million people who currently have no electricity connection or lack a reliable power supply, as well as will use solar systems to improve their living standards and economic activities
.
The funding aims to compensate for the lack of investment in off-grid renewable technologies in West Africa and the Sahel, which will benefit
from these technologies.
"So far, only 3% of households in West Africa and the Sahel have a separate solar home system, while 208 million people in the region do not have access to electricity," said Rachid Benmessaoud, Director General of the Regional Coordination Bureau.
The World Bank Group announced Monday that its board of directors has approved more than $200 million in funding for off-grid electrification projects in West Africa and the Sahel, designed around stand-alone solar systems
.
The World Bank Group's Board of Directors approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in International Development Association (IDA) credits and grants and another $74.
7 million in Reconstruction grants from the Clean Technology Fund to help the West African Development Bank and ECOWAS Renewable Energy and Energy Efficiency Centers expand grid power
grids for populations in 19 countries in West Africa and the Sahel.
The 19 African countries benefiting include Benin, Burkina Faso, Cape Verde, Cameroon, Central African Republic, Chad, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo
.
ROGEP's specific goal is to increase the supply
of electricity to households, businesses and public institutions in West Africa and the Sahel using modern stand-alone solar systems.
ROGEP is expected to benefit 1.
7 million people who currently have no electricity connection or lack a reliable power supply, as well as will use solar systems to improve their living standards and economic activities
.
The funding aims to compensate for the lack of investment in off-grid renewable technologies in West Africa and the Sahel, which will benefit
from these technologies.
"So far, only 3% of households in West Africa and the Sahel have a separate solar home system, while 208 million people in the region do not have access to electricity," said Rachid Benmessaoud, Director General of the Regional Coordination Bureau.
