The World Bank approved on Thursday, February 5 2026, a $150 million financing from the International Bank for Reconstruction and Development (BIRD) in favor of the Republic of Gabon for the Project for Access to Basic Services and the Improvement of performances (PASBAP).

In a press release, the World Bank specified that “the operation will support the priorities of the government consisting in modernizing water and electricity services, in promoting universal access and to strengthen the financial sustainability of providers of services, while contributing to the goals of adapting to change climate and mitigation of its effects.” This funding will allow Gabon to increase its efforts in resolving the energy crisis that cross the country.

The World Bank reported that “financing approved supports the Government's efforts to address these challenges in terms of access and quality of service, by combining investments in climate-resilient infrastructure with the strengthening of policies, institutions and regulations sectoral”.

In detail, the project PASBAP should benefit around 535,000 people through enlargement from access to running water and electricity, to the improvement of reliability and quality of existing services and the introduction of services safely managed sanitation.