Project News Details
Title:
Côte d’Ivoire - Electricity for all Project (PEPT)
Detail:
The Electricity For All Programme (PEPT) lays special emphasis on connecting all the persons living in electrified localities in Côte d'Ivoire to the electricity network. To this end, and to overcome the hurdle of paying connection fees, an initial subscription fee of XOF 1,000 has been introduced, followed by the progressive reimbursement of connection fees over a period ranging from two (2) years, for wealthier households, to ten (10) years for the low-income population. Reimbursements made by beneficiaries through their electricity purchase will be used to finance new connections. The programme’s objective is to step up electricity supply rate and check fraud by facilitating access to electricity even for the poorest segments of society. The project comprises three (3) components: (A) Electricity connection infrastructure; (B) Institutional support; and (C) Project management. It will be implemented over a four-year period from January 2023 to December 2026. This project primarily contributes to climate mitigation results. As such, 100% of the total approved amount is attributed as climate finance, of which 20% is dedicated to adaptation and 80% to mitigation.
Source:
African Development Bank Group
Published Date:
02.10.2022
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