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Implementation of the 12 MW Mini-Grid Project: AfDB and Eritrea sign an agreement

27/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Le 10 mars 2025, un accord de don de $19.5 million was signed between the African Development Bank Group and Eritrea. This agreement was signed as part of the Desert to Power initiative.

L'accord signé entre la BAD et EritreaEritrea a été signé au nom du gouvernement In, by Ghiorghish Teklemichae, Minister of Finance and National Development, also Governor of the Bank Group for Eritrea, and by Léandre Bassolé, Deputy Director General of the Bank Group for East Africa. This financing came from the Bank Group's Bank Group Transition Support Facility (FAT). It will support the deployment of mini-grids that will produce 12 MW of electricity in the regions of Teseney (6 MW), Kerekebet (3 MW) and Barentu (3 MW). The project will be implemented by the Ministry of Energy, the Eritrean Electricity Corporation (EEC) and local businesses, under the supervision and supervision of a contract design and engineering technical consultancy firm. 000 rythr It should improve access to energy for more than 235Éé

ens, 20% of whom are women and young people.
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