The African Development Bank (AfDB) has just approved €61.77 million to Benin to finance its Rural Electrification Project (PERU). The money will provide access to electricity for more than 48,000 households in 309 rural communities across the country.
The project is expected to reduce by over 72% the amount that would have been normally used by the government to connect the rural households to the national grid. From 90,000 CFA francs (€137) the government will now spend 25,000 francs (€38). The project also subsidizes the connection of 35 schools to the national electricity grid, as well as access to a clean water supply.
PERU's objective is to increase Benin's rural electrification rate from 8.11% in 2018 to 13.78% by 2022, according to Marie-Laure Akin-Olugbade, Head of AfDB for West Africa.
Gwladys Johnson Akinocho
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Silver hit a record $74.8 an ounce in late December 2025 Analysts see prices ranging from&nb...
Egypt’s Customs Authority signed an agreement with South Korea to modernize customs and e-commerce...
Ethiopia seeds 2.7M hectares for summer wheat, aiming for 17.5M tons to end import dependency and ...
The talks reportedly aim to boost digital resilience after West Africa’s recent connectivity disru...
Transnet–ICTSI partnership for Durban Pier 2 became effective on January 1, 2026 Private investment targets higher capacity and improved terminal...
Technical difficulties disrupt drilling operations offshore Benin Sèmè field restart, planned for late 2025, pushed back with no new date Target...
Several countries across Africa face mounting public health challenges, ranging from workforce shortages and ethical concerns in medical research to...
New government expands to 31 members, up from 30 previously Key economic portfolios reassigned amid focus on cost of living Reshuffle follows local...
Each year around 2 January, the streets of Cape Town host the Cape Town Minstrel Carnival, also known as Kaapse Klopse. Rooted in the nineteenth century,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...