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Monday, 12 June 2017 09:45

Cross-border electricity link to transform West Africa

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Four West African countries including Cote d’Ivoire, Liberia, Sierra Leone and Guinea (CLSG) will be connected with a cross-border electricity link as CLSG interconnector project gets launched.

The cross-border energy supply between the four countries will support economic development, reduce the need to use expensive generators and allow existing and future hydropower projects to benefit the region, as well as provide access to affordable electricity, reports ESI-Africa.

A special purpose company, TRANSCO CLSG, was established to implement the cross-border electricity link between these four West African countries.

The project is a multinational investment operation and is financed by four donors – the World Bank, the European Investment Bank, the KfW and the African Development Bank.

Source: ESI-Africa

 

Additional Info

  • Continent: Africa
  • Category: Business