The World Bank board of executive directors has approved a $50 million grant from the International Development Association (IDA) to improve access to electricity in Sierra Leone and enhance institutional capacity and commercial management of the sector.
The project will also be co-financed with a $2.7 million grant by the Japan Policy and Human Resources Development Fund.
The Enhancing Sierra Leone Energy Access project will support the country’s post-COVID-19 economic recovery by providing electricity to households, businesses, health clinics and schools. This is a critical part of the recovery process. The project also supports the replacement of
costly fuel generation plants with low-cost power, which would free up scarce fiscal resources for other urgent socio-economic needs.
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