(La Nouvelle République)-Togo and The Gambia will benefit from a $160 million financing package approved by the World Bank Group on June 24 to improve access to reliable electricity and support economic development.
Implemented in partnership with the Economic Community of West African States (ECOWAS), the Regional Sustainable Energy Access Improvement Project (RAISE) will expand electricity networks, reduce the cost of new household and business connections, and promote the development of renewable energy. The initiative forms part of the broader West Africa Regional Electricity Market Program (WA-REMP).
Once completed, the project is expected to provide electricity access to nearly one million people across the two countries, with a particular focus on rural and peri-urban communities where electricity needs remain significant. It also aims to strengthen the integration of the regional electricity market in West Africa.
Beyond improving energy access, the initiative is expected to boost economic activity. According to the World Bank, the project could generate income equivalent to approximately 11,700 jobs each year, including 9,200 in Togo and 2,500 in The Gambia, through both direct and indirect investment-related impacts.
« The RAISE initiative highlights the transformative role of electricity in fostering inclusive development across the region, » said Nathan Belete, the World Bank’s Regional Director for Africa. According to him, stronger regional cooperation will accelerate electrification, lower costs, and create more opportunities for local communities.
The financing is part of ongoing efforts to make energy more accessible, support economic growth, and promote sustainable job creation in both countries.
Elsa KWAME