Togo to seal $200 M World Bank deal for major electricity project
Togo could soon secure $200 million from the World Bank for the Improved Digital Access and Electricity Access Project (IDEA).
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Togo, Lomé: Togo could soon secure $200 million from the World Bank for the Improved Digital Access and Electricity Access Project (IDEA).
The project aims to boost access to electricity and the internet in the country. In case it comes through, the $200 million financing would be the biggest Togo ever received from the World Bank. Sources close to Togo First report that the deal could be signed soon. Referring to the IDEA, the source said: “This project has been in the pipeline for some time”.
Togo First reports that the project has four goals, those being improving the reliability of transmission services in northern Togo, where current losses in electricity distribution represent over 17%; extending extend the coverage of electricity services, both on and off the grid, in target areas; increasing broadband network coverage and access to digital services; and finally, bolstering the operational performance of the CEET, Togo’s power utility.
The project includes the construction of a 161 kV high-voltage transmission line to reinforce the CEET’s grid, and around 262 km of lines will be laid across the country to supply power to remote areas. The new project also envisions the installation of fiber optic cables along the new high-voltage transmission lines, in order to improve the country’s communications infrastructure.
IDEA also supports the implementation of smart stand-alone solar systems in rural areas, similar to other national initiatives like CIZO which provides affordable solar home systems.
Source: Togo First