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Program to promote efficient lighting lamps in Senegal: the AfDB approves a loan of 5.574 billion CFA francs

22/01/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Dans l' intention de soutenir le Program to promote efficient lighting lamps in Senegal (Ppleef), the African Development Bank (AfDB) has approved a loan of 8.51 million euros (more than 5.574 billion CFA francs)

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Le financement du Ppleef is the Bank's first investment entirely dedicated to energy efficiency on the demand side. According to a statement from the AfDB, this project is the Bank's first investment entirely dedicated to energy efficiency on the demand side, thus setting a new benchmark for sustainable development in Africa.

Indeed, the Program to Promote Efficient Lighting Lamps is in the process of transforming the use of energy in Senegal, benefiting nearly 700,000 households and 80,000 small businesses in the regions of Dakar, Thiès and Diourbel, according to the press release. The project will provide significant energy savings, reduce electricity costs and reduce carbon emissions. Over the period 2019-2024, the Bank committed approximately $6 billion to energy projects across Africa

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