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
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
West African universities met in Dakar to address youth employment Delegates drafted a 10-15 ...
South Africa and Mozambique sign deal to boost vocational and higher education Agreement targets skills development, qualification recognition, and...
Côte d’Ivoire, Benin, and Togo agree to create joint gas access framework Plan includes pooled LNG imports, technical working group, and World Bank...
Shell acquires 60% stake in South Africa’s Block 2C in Orange Basin Deal includes $25M bonus, funding for 3 wells worth up to $150M...
Mali Airlines SA plans first flight in 2026, board confirms timeline New carrier aims to boost domestic mobility and reach isolated northern regions...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...