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
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
PETROCI raises 200 billion CFA francs to fund Baleine project Financing supports Phase 2 expansion, prepares launch of Phase 3 Project boosts...
Senegal launches solar-plus-storage projects to boost grid stability Diass project adds first battery system, backed by KfW, AFD Linguère...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...