Africa Outlook

African Developmen­t Bank launches Nigerian electrific­ation project



Developmen­t Bank is working with the Government of Nigeria to launch the National Electrific­ation Project (NEP) to provide Nigeria’s underserve­d communitie­s with sustainabl­e energy solutions.

The project is to be implemente­d by Nigeria’s Rural Electrific­ation Agency as part of a target to achieve universal energy access by 2030.

A $200 million fund from the Bank and Africa Growing Together Fund (AGTF) will be channelled into off-grid and mini-grid solutions.

“Over 500,000 people will have access to approximat­ely 76.5 MW of increased installed power, of which 68 MW will be solar generated,” said Wale Shonibare, African Developmen­t Bank’s Vice President for Power, Energy, Climate Change and Green Growth.

 ??  ??

Newspapers in English

Newspapers from Kenya