Public Management

World Bank supports electrification program in Sierra Leone with $50mln

World Bank supports electrification program in Sierra Leone with $50mln
Monday, 01 February 2021 17:29

The World Bank announced it has approved the disbursement of $50 million to support the electricity sector in Sierra Leone. The money will be provided by the International Development Association (IDA) in partnership with the Japan Policy and Human Resources Development Fund, which is granting $2.7 million of the amount. It will bring clean energy to 276,000 Sierra Leoneans and 700 schools and health centers.

The project will help prevent the emission of 15,135 tons of greenhouse gases per year, the institution said. Sierra Leone has an electrification rate of 23%, well below the average 30% in the subregion. However, the government is striving to reach this regional threshold by 2030.

To achieve the goal, the government bets on the extension of the Bumbuna II dam, which will provide an additional 80 MW. Rehabilitation and extension work on the Bo-Kenema grid will connect 500,000 people, while solar solutions provider Easy Solar has announced that it will serve 300,000 people in 2019.

In addition to improving living conditions, access to cleaner and sustainable energy, the project will enable the country to save on the funds spent on diesel to operate generators.
“Improving access to electricity in Sierra Leone is a critical development accelerator. This project will help address the country’s key infrastructure deficits, which is one of the most fundamental elements for promoting sustainable growth and job creation in the COVID-19 recovery,” said Gayle Martin, World Bank country manager for Sierra Leone.

Gwladys Johnson Akinocho

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
The year 2025 stands out as a turning point for the WAEMU public debt market. Not because it marked a rupture, but because it exposed the balances,...
Sonoco seeks undisclosed eight-year IFC loan for Guinea poultry project Integrated facilities planned near Kindia, Massayah, Sanoyah, operational by...
Congo public debt fell to 74.11% of GDP in 2025 Domestic borrowing dominates, accounting for 61% of total debt Short maturities loom, with 15.47% due...
The Bank of Ghana cut its policy rate by 250 basis points to 15.5% on January 28, 2026. Inflation fell sharply to 5.4% in December 2025 from 23.8% a...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.