Tanzania, Rwanda and Somalia are among four countries selected as pilots of a new World Bank clean energy programme that is set to benefit at least 100 million people in Sub-Saharan Africa by 2030.
Sao Tome and Principe will also take part in the rollout of the Accelerating Sustainable and Clean Energy Access Transformation (Ascent) programme, which will be expanded to 20 countries in the region over the next seven years.
World Bank Group President Ajay Banga announced the $15 billion project during the International Development Association’s (IDA) mid-term review meeting of its 20th financing round in Zanzibar.
The programme will involve three main components; developing regional and national platforms to enable economies of scale and cost reduction strategies, expanding grid electrification through investment and technical assistance, and financing strategies to improve energy access for households, enterprises, farmers, schools, health clinics and other social needs.
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