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
Income tax threshold to rise to 30,000 shillings per month Government aims to ease cost-of-living pressures and boost household...
Phatisa reaches $86 million first close for food fund Backed by BII, IFC, and other development finance institutions Fund targets Africa’s food...
Gabon Loisirs et Tourisme acquires Newrest Gabon operations Deal covers 300 employees, nine sites, and industrial catering services Takeover...
PenCom licenses Awabah as the first approved pension agent Move targets informal and self-employed workers under the micro pension scheme Reform aims...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
04

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
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.