Public Management

Benin: World Bank supports electricity projects with 4200mln

Benin: World Bank supports electricity projects with 4200mln
Monday, 21 June 2021 16:28

The World Bank has allocated a total of $200 million to support the government of Benin in its effort to improve access to electricity in the country. The money will be disbursed via the International Development Association IDA.

The project will consist of the construction of 2,000 km of medium voltage lines and 4,000 km of low voltage lines. At least 20,000 streetlights will be installed in target areas, 80,000 kVa transformers will also be deployed at 1,100 sites.

Overall, the project is expected to benefit more than 150,000 households, about 1,000 small and medium enterprises, and 500 basic utilities. "This operation will bring social benefits to households and business opportunities to micro, small and medium enterprises that need available and affordable energy to grow," said Atou Seck (pictured), World Bank Country Director for Benin.

According to World Bank data, in 2019, Benin's electricity access rate was 40.3%. Results from the Geospatial Indicative Electrification Planning Study completed in November 2020, indicate that by 2025, about 91% of Benin's population would live within 7 kilometers of the electricity grid.

Gwladys Johnson Akinocho

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
REGIDESO and Singapore-based EFGH signed a service framework agreement to digitalize revenue collection nationwide. The partnership will develop secure...
Cameroon prioritizes external debt to protect credit standing, delays local payments Domestic repayments to worsen in 2026 as IMF loan payback...
Government seeks CFA3104.2 billion in fresh financing for 2026 Funding need rises by CFA777.7 billion compared with last year Debt risk...
Spending plan reaches CFA8816.4 billion, up 14% from 2025 Special Accounts nearly double after creation of a new women and youth...
Most Read
01

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
04

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
05

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
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.