Senegal to invest $1bn in rural electrification by 2023
London, Jan. 6, 2020(AltAfrica)-The government of Senegal, has unfolded plans to invest around 600 billion CFA francs ($ 1 billion) in rural electrification projects by 2023.
This announcement was made by President Macky Sall during his end of year address to the Nation.
“We will have to invest 600 billion CFA francs so that our compatriots who are still living in the age of the candle and the oil lamp will finally have access to electricity. This is also Senegal for all, ” said the country’s first official.
The president also announced slight upward review of electricity tariff owing to the withdrawal of electricity subsidy
“These future investments have led to the reduction by the government of subsidies to the electricity sector, and in turn, to the increase in electricity prices”.
Expectedly, The increase, which takes immediate effect was met with strict opposition from the population who regularly demonstrate against this new measure.
The president insisted, however, that it did not affect subscribers of the social band.
Senegal currently has an installed electrical capacity of 1,229 MW and an electrification rate of 64%.