The Millennium Challenge Corporation, a U.S. state development fund, has extended a $480-million five-year grant to Sierra Leone to provide reliable and affordable electricity to 4.6 million people, the fund said.
Only about 30% of the West African country's population has access to electricity, dropping to less than 5% of people in rural areas.
The deal includes three projects to improve the coverage and reliability of the power network and boost the sector's sustainability, the fund said in a statement on Friday.
In April, Sierra Leone's energy minister resigned over a weeks-long electricity crisis linked to tens of millions of dollars in unpaid debt to energy providers.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Excessive campaign spending triggering a rise in labour strikes – Austin Gamey
5 mins -
Dr Augustine Blay launches Bawumia Nation to mobilise digital volunteers for 2024 election campaign
14 mins -
Today’s frontpages: Monday, September 30,2024
20 mins -
Akufo-Addo set to begin 2024 election campaign tour on October 2
26 mins -
Robert Ayittey wins GNCCI’s Young Entrepreneur award
35 mins -
Harris campaign raises $55m over two weekend events, campaign official says
59 mins -
StarLife Assurance and eGotickets to secure the lives of event attendees
1 hour -
President Akufo-Addo celebrates 150th anniversary with his alma mater, Kinbu SHTS
1 hour -
Aburi Girls’ headmistress dies while on official duty in Italy
1 hour -
We still maintain a state of emergency must be declared over galamsey – GJA to Akufo-Addo
1 hour -
You’ve regretably failed to stop galamsey; deal with it before exiting office – GJA to Akufo-Addo
1 hour -
ECG risk huge revenue loss
1 hour -
Utility price hikes unjustified; will aggravate cost of living, says GUTA
1 hour -
Trump escalates harsh rhetoric against immigrants, Harris
1 hour -
Alan Kyerematen condemns arrest of youth protesters, demands their immediate release
1 hour