KENYA: the AfDB, TDB and Finnfund raise $117 million for geothermal energy in Menengai

The $300 million in financing provided by the World Bank Group subsidiary is expected to provide access to electricity for at least 5 million people, access to clean cooking for 1 million people, and add up to 35 MW in energy capacity within the COMESA member states. These countries include Burundi, the Democratic Republic of Congo (DRC), Ethiopia and Zambia, where access to clean energy remains a challenge.

In Somalia, the ASCENT program is being financed to the tune of $100 million for the construction of solar power plants and battery power storage systems in the capital Mogadishu and other major load centers in the country’s federated states. Through this regional program, IDA has set itself the goal of providing access to electricity for 100 million people in 20 countries by 2030.