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Electricity

Uganda: Government to get $287M loan to electrify 287 rural communities

Wednesday, 18 October 2017 13:45

(Ecofin Agency) - The Ugandan government revealed that it plans to borrow $287 million from Exim Bank China to boost its power supply. “As government we are in final discussion with the bank to ensure that the funds are secured to finance rural electrification programme in the country,” said David Bahati (picture), minister of finance.

These funds should help provide power to 287 communities, situated in the country’s remote areas and the Karamoja and West Nile counties. In fact, though the country has an electrification rate of 24%, according to authorities, it is extremely low in the regions that are far from the capital, due to the small size of the grid. This rate stands respectively at 0.6% and 3.3% in the regions of Karamoja and West Nile, forcing their populations to use kerosene, which is expensive and harmful to their health, as a source of light.

Uganda, it must be noted, said it aims to achieve a 100% electrification rate by 2040.

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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