Comoros: AfDB funds electricity programme
Issue 262
- 02 Oct 2013
| 2 minute read
The African Development Bank has agreed to provide grants of $8.3m from the African Development Fund and $12.1m from the Fragile States Facility to finance the Comoros Energy Sector Support Project. The project, co-financed with $5m from the World Bank, will be implemented in the three main islands, Grande Comore, Anjouan and Mohéli. It will rehabilitate production facilities, help improve financial governance through capacity building, and support the preparation of studies on renewable energy potential. Development finance institutions have become more active in the country since Ikililou Dhoinine became president in May 2011 after an election that was considered by the World Bank to be “broadly fair and transparent”.
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