The African Development Bank disbursed more than €71 million for the construction of a 714 km high voltage power line. The infrastructure which will link N’Zérékoré (Guinea) and Sanankoroba (Mali), will enable the electrification of 201 villages and provide a better access to electricity.
Marie-Laure Akin-Olugbadé, assistant general manager of the AfDB in West Africa, said: “In addition to the funding it provides, the African Development Bank played the role of lead funder. It has financed and monitored technical and economic feasibility studies and environmental and social impact assessments”.
The project’s total cost is €358 million. The power line is expected to be connected to the high voltage lines of the sub-region, thus allowing interconnection between its countries. Once completed, it will help increase the electrification rates of Guinea and Mali which respectively stand at 18% 41% presently.