World Bank releases $200 million for off-grid energy access in West Africa - News Summed Up

World Bank releases $200 million for off-grid energy access in West Africa


The World Bank Group has approved a $200m fund to implement the Regional Off-Grid Electrification Project (ROGEP) in West Africa and Sahel region. The fund includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund. ROGEP primarily seeks to promote a harmonized regional market that provides the incentive for the proliferation of stand-alone solar equipment to homes, businesses, and communities without access to electrical grid infrastructure. About 19 countries are expected to benefit from this financing, the main objective of which is to improve access to electricity. Only 3% of households in West Africa and the Sahel are connected to an autonomous solar home system.


Source: The North Africa Journal April 29, 2019 17:26 UTC



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