Bank approves funding for Rusumo Falls hydroelectric project
The push for regional power sharing in East Africa has received a major boost after the World Bank approved funding for the Rusumo Falls hydroelectric project, on the Rwanda-Tanzania border.
The World Bank approved $340-million to finance the construction of the plant, which will provide electricity for Rwanda, Burundi and Tanzania.
The plant, the total cost of which is $468-million, will generate 80 MW when it is completed in 2017. The remaining amount is being provided by the International Development Association, the World Bank’s fund for the globe’s poorest nations.
The plant is expected to boost power supply to the three neighbouring countries, reduce electricity costs and enhance regional cooperation.
“The Rusumo Falls hydroelectric project takes a regional approach to tackling sub-Saharan Africa’s power crisis, providing low-cost, clean, renewable energy,” says Jamal Saghir, World Bank director for sustainable development in the Africa region.
He adds that the project is the first implemented under the bank’s Great Lakes Regional Initiative, launched in May this year.
Implementation of the project, which was conceived in 2006, comes at a time when Burundi, Rwanda and Tanzania are investing in projects to boost electricity generation and address perennial shortages. The three countries have, time and again, been forced to ration electricity.
The project also involves the con-struction of 220 kV transmission lines from the power station to Gitega, in Burundi, Kigali, the Rwandan capital, and Nyakanazi, in Tanzania.
Currently, only 15% and 13% of the populations Tanzania and Rwanda respectively have access to electricity. The situation is worse in Burundi, where only 4% of the country’s people have access.
“We look forward to speedy implemen-tation so that the idea of sharing natural resources for mutual benefit becomes a reality and helps to build peace, stability and economic opportunity for all com-munities in the Great Lakes region,” says World Bank senior energy specialist Paul Baringanire.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation