Guinea: $66 million from the African Development Bank to extend access to electricity

There will be about 100,000 direct beneficiaries of the project composed of individual households, women’s associations, health centers, schools and businesses

On 14 July 2022 in Abidjan, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $66.39 million support package for Guinea. The funding is intended to help it increase access to electricity.

It consists of a $4.17 million grant and a $9.37 million loan from the African Development Fund (https://bit.ly/3uL2VBZ) (the concessional arm of the African Development Bank Group) and a $24.13 million grant and a $28.72 million loan from the Transition Support Facility (https://bit.ly/3z9MySc). The project is co-financed by the French Development Agency, the Islamic Development Bank, the Sustainable Energy Fund for Africa, hosted by the Bank, USAID, through the Africa Energy Program, and the Guinean government.

The Guinea Power Access Improvement Project will improve people’s living conditions and the productivity of beneficiary companies through access to regular, reliable and cheaper energy services, explained Léandre Bassolé, the Bank Group’s Country Manager for Guinea. “In addition to the deployment of electricity infrastructure, the project will support reform initiatives in the electricity subsector and capacity building for its stakeholders. It will also promote the productive use of electricity by providing women’s groups with equipment to increase their productivity. Lastly, public lighting will increase security and give women more time in which to conduct their commercial activities and schoolchildren opportunities to improve their academic performance,” Bassolé said.

In addition to the deployment of electricity infrastructure, the project will support reform initiatives in the electricity subsector and capacity building for its stakeholders

Some 797 medium-voltage lines linking 40 localities in the country will be built, as well as 47 kilometres of mixed lines, 984 kilometres of low-voltage lines, 21 high-voltage and low-voltage substations and 128 H61 substations (transformers whose power varies between 50 and 160 kVA). The project will also provide 37,367 household connection kits.

The project will cover the major cities and surrounding localities of Kankan, Kérouané and Siguiri in the region of Haute-Guinée, and Nzérékoré, Beyla and Lola in Guinée Forestière. These regions are among the localities where access to electricity is relatively low in comparison with the rest of the country. They have a population of around 1.2 million (52.1% women).

There will be about 100,000 direct beneficiaries of the project (including 72,112 new subscribers) composed of individual households, women’s associations, health centers, schools and businesses.

Over the past decade, the African Development Bank Group has tripled its net commitments to Guinea. The Bank Group’s current portfolio comprises 21 operations totalling around $625 million. Emphasis is placed on energy and transport infrastructure (65.7%), aimed at strengthening regional integration. The remaining investments cover mining (15.9%), governance (6.7%), agriculture (4.2%), the environment (3%), the social sector (2.6%) and finance (1.9%).

The Bank bases its country strategy for Guinea on two priority areas: improving access to electricity and developing agro-industrial value chains.

Leave a Reply

Your email address will not be published. Required fields are marked *

Cover Electricity Environment Investment News Renewable energies Senegal

The African Development Bank and the Gambia River Basin Development Organisation (OMVG) Strengthen West African Energy Integration

A high-level delegation from the Gambia River Basin Development Organisation (OMVG), led by its High Commissioner Demba Jallow, visited the headquarters of the African Development Bank in Abidjan, Ivory Coast, on 5 May 2025, to discuss ongoing regional development initiatives. Established in 1978, OMVG is an inter-regional cooperation organization comprising The Gambia, Guinea, Senegal, and […]

Read More
Cover Electricity Investment News

South Africa: USD 17 Million Allocated for Electrification of Informal Settlements in Johannesburg

In South Africa, to improve access to essential services, the City of Johannesburg, under the leadership of Mayor Dada Morero, has decided to invest nearly 300 million rands (around USD 17 million) in the electrification of its informal settlements. This measure, announced on May 10, 2025, aims to provide thousands of households in Diepsloot, Orange […]

Read More
Cover Events Investment Mining News Renewable energies Solar

Ethiopia agrees minerals, energy deals worth $1.7bn, chiefly with Chinese firms

Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7-billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a four-year, $3.4-billion program deal with the International Monetary Fund last July, is in the midst of a far-reaching reform drive, including the flotation of its birr currency and a […]

Read More