Public Management

Sahel Group of Five: African Development Bank approves program to expand solar energy generation under Desert-to-Power scheme

Sahel Group of Five: African Development Bank approves program to expand solar energy generation under Desert-to-Power scheme
Friday, 18 December 2020 12:06

The Board of Directors of the African Development Bank approved on Wednesday a Desert-to-Power (D2P) technical support program that will advance the rollout of solar generation in G5 Sahel countries, where 60 million people lack access to electricity.

The technical assistance, in the form of a $5 million grant from the Sustainable Energy Fund for Africa (SEFA), has three main components: (i) technical studies for the integration of variable renewable energy (primarily solar) in national grids; (ii) feasibility studies for solar hybridization of existing isolated grids; and (iii) capacity building to support Chad to integrate the first solar power project (Djermaya Solar PV IPP) in its national grid.

“This technical assistance program responds directly to needs identified in the National Desert to Power Roadmaps of the G5 Sahel countries. It specifically addresses key bottlenecks for the large-scale deployment of solar projects, and will help prepare bankable projects for subsequent investments,” said Dr. Daniel Schroth, Acting Director for Renewable Energy and Energy Efficiency at the African Development Bank.

The approval follows the fourth Africa Energy Market Place (AEMP) event held by the Bank. The 8-10 December 2020 event focused on the G5 Sahel countries and successfully mobilized a broad coalition of technical and financial partners to support the initiative. The G5 countries are Burkina Faso, Chad, Mauritania, Mali and Niger.

The Desert to Power initiative intends to turn the Sahel region into a renewable powerhouse, harnessing its solar potential to create the world’s largest solar zone. Aimed to increase solar generation capacity by 10 GW through on and off-grid projects, Desert to Power is expected to transform the livelihood of some 250 million people across the 11-state Sahel region.

These activities are expected to address various challenges hampering the development of the energy sector in the G5 Sahel countries, including the lack of sufficient installed generation capacity, high reliance on imported fossil fuels and the inability of national grids to absorb larger amounts of variable renewable energy.

SEFA, managed by the African Development Bank, is a special fund providing catalytic finance for renewable energy to boost universal access to affordable, reliable, sustainable, and modern energy services for all in Africa, in line with the Bank’s New Deal on Energy for Africa and Sustainable Development Goal 7. The Fund was established in 2011 in partnership with the Government of Denmark and counts the United States, United Kingdom, Italy, Norway, Spain, Sweden, Germany and the Nordic Development Fund among its donors.

9 africa copy

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bank aims to raise CFA67.5 billion ($120 million) by selling 20% stake on BRVM Offering expected in May 2026, with listing scheduled for August...
Ivory Coast adopted two draft laws to reform banking and microfinance regulations. The banking reform introduces Islamic finance, fintech companies and...
Gabon created a National Public Debt Committee to oversee debt policy, coordination and control. The government also launched an audit to determine the...
The World Bank approved a $225 million program to strengthen healthcare, nutrition and early childhood development in Ivory Coast. The program...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
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.