(Ecofin Agency) - During the ministerial council on August 13, 2018, the Nigerien government issued draft orders authorizing the ratification of two financing agreements totaling CFA24 billion. These funds should finance the construction of two 330 KV and 33 KV tie lines connecting Nigeria, Niger, Benin, and Burkina-Faso.

These agreements include a CFA18 billion loan from the African Development Bank (AfDB) for the said project’s partial funding and a donation of CFA5.9 billion maximum from the African Development Fund (ADB) signed in Niamey on June 25, 2018, by Niger Republic and the above-mentioned financial institutions.  

Apart from the construction, the funds will also help fund various projects related to this electricity transport infrastructure. These projects are namely, electrification of the districts located within 5 kilometers radius of this line and strengthening of the competency of the general secretary of West African Power Pool (WAPP).

According to a statement issued by the government at the end of the ministerial council, the project will be implemented through the transportation infrastructure management, rural electrification, institutional support, project management and impacts mitigation institutions.