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Electricity

IDB to finance part of Senegal-Mauritania power interconnection project

Monday, 17 October 2016 19:36

(Ecofin Agency) - Senegal’s Minister of Energy and Development of Renewable Energy launched power interconnection project to connect the country to Mauritania.

The infrastructure which comprises a 225 kV power line will help Senegal get excess output from a 180 MW power plant in Nouakchott, according to a power sale-purchase agreement signed by the two countries, in 2013.

The project which will cost $122 million will be partly financed by the government of Senegal, $9 million, while remaining sum will be provided by the Islamic Development Bank (IDB).

In the framework of its partnership with Senegal, the Islamic Development Bank will also inject $70.5 million in a $75.5 mln project to boost Dakar’s power capacity.

Gwladys Johnson

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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