The Emerging Africa Infrastructure Fund (EAIF), a subsidiary of the Private Infrastructure Development Group (PIDG), has pledged approximately USD19 million for a groundbreaking 20MW solar PV project in the remote and underserved region of north-western Uganda. The Ituka project involves the development, construction, and operation of a 24MWp/20MWac solar PV power plant in Ombachi, situated around 400km from Kampala in north-western Uganda. The West Nile region, currently facing electricity supply challenges, is expected to be connected to the national grid in 2024. Ituka’s 20-year Power Purchase Agreement with the Uganda Electricity Transmission Company Limited and the Implementation Agreement with the Government of Uganda mark significant milestones for the project. EAIF has a successful track record in financing solar power projects in Uganda, with operational plants like the 10MW Tororo Solar PV and the 10MW Soroti solar plant.

Source: The North Africa Journal January 03, 2024 12:46 UTC