ECOWAS will invest $36m by 2033 in people’s access to electrical energy
Friday, March 13, 2020
Source : Energy Mix Report
The Economic Community of West African States (ECOWAS) will invest $ 36.3 million by 2033 to facilitate access to energy in the sub-region. Of this financing, 25.9 million will be devoted to electricity production and 10.4 million to transport.
“For the success of electrical trade between our States, we must find solutions that will serve as feedback for other contracts as part of the proper functioning of the regional electricity market,” said Dabiré Bayaornibè, the representative of the President of the ECOWAS Commission during the meeting which brought together the sectoral authorities of the different member countries.
The purpose of the meeting was to create the ideal conditions to facilitate access to energy for the populations of the region. West Africa has an average electrification rate of 45%.
