Ethiopia: World Bank agrees $375m loan for electricity access

The World Bank Group’s International Development Association has approved a $375m loan for its Ethiopian Electrification Programme (ELEAP), the World Bank announced on 1 March. This will support the country’s National Electrification Programme (NEP), which aims to achieve universal electricity access by 2025 and is expected to require $1.5bn over the next five years. The NEP was developed with World Bank support and launched in November 2017. It is intended to shift focus away from infrastructure development towards service delivery.