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Ppleef: Senegal receives a loan of 8.51 million euros from the AfDB

16/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Dans le cadre de la mise en œuvre du Programme de promotion des lampes d' éclairage effective of the S é n gal (Ppleef), le pays a obtenu un prêt de 8,51 millions d' euros (5 E554 783 955 FCFA) near the African Development Bank (BAD)

.

Le Ppleef is a flagship project that aims to improve the country's energy efficiency. According to the information, this is the bank's first investment entirely dedicated to energy efficiency on the demand side. This program consists of replacing obsolete incandescent bulbs with modern LED lights, resulting in substantial energy savings, lower electricity costs and lower carbon emissions. It will benefit nearly 700,000 households and 80,000 small businesses, especially in the regions of Dakar, Thiès and Diourbel. One aspect is its invoice-based financing model, allowing consumers to reimburse the cost of new lighting thanks to monthly energy savings. According to Mame Coumba Ndiaye, Director General of the Energy Agency, the project will have a positive impact on the budgets of households and small businesses by reducing their energy bills, while relieving the electrical network with an annual savings of

more than 189 GWh.
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