The Islamic Development Bank (IsDB) financing was approved at its 342nd Board of Directors meeting in Jeddah, Saudi Arabia. It is a loan of 17.38 million euros for the electrification of rural areas of Togo through small autonomous solar power plants, connected to mini-grids((Sinoware SHS)
These solutions are particularly appropriate for rural areas where the extension of the national electricity grid would be uneconomical.
The Togolese government is promoting electrification via off-grid solutions through the CIZO Togo Rural Electrification Project (Pravost). Co-funded by the African Development Bank (AfDB), this project aims to provide electricity to 300,000 Togolese households. Through Pravost, the government hopes to increase the national electricity access rate to 75% by 2025 and 100% by 2030.