Sector: Transmission and distribution
Expanding access to affordable, reliable and low-carbon power is essential to Africa’s socio-economic transformation. Our investments in transmission and distribution networks are vital to ensure that renewable energy projects can feed into businesses and communities across the continent, supporting entrepreneurs with power to build entreprises and drive economic growth.
$30m provided to anchor a receivables securitisation local currency bond of XOF 60 billion (c.$100m) to fund the continuation and acceleration of the national Electricity for All Programme Electricité Pour Tous (PEPT) electrification programme in Côte d’Ivoire (LMIC and FCAS). The programme will add 400k new connections in the next two years which is expected to provide first time electricity access to 2m low income rural households.
