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HomeAfricaAfDB gives Congo CFA F 80b loan for rural electrification project

AfDB gives Congo CFA F 80b loan for rural electrification project

The African Development Bank (AfDB) has given Congo a loan of CFA F 80 billion (US$157.6 million) to enable the central African country to implement a rural electrification project, according to a statement from the Minister of the Ministry of Economy and Finance .

The loan agreement has been signed in the nation’s capital, Brazzaville, by Minister of Economy Gilbert Ondongo and representative of AfDB in Congo Valentin Zongo.

The project focuses specifically on the electrification of 60 localities.

The four-year project will involve 305 kilometres of low and medium voltage distribution networks, 71 MV/LV substations, 5100 connections and 2255 public lighting sources.

The project will provide electricity to 5,100 households, or 25,500 people, 17 health centrrs, 40 schools, 24 water wells, 38 administrative centres and companies but also to the trade border area of Tchiamba Nzassi (south).

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