• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, December 10, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

AfDB to co-fund $900m Mauritania-Mali power line project

AfDB

The Matters Press by The Matters Press
July 21, 2023
Reading Time: 2 mins read
0
Power line to energise part of Oyo

Abuja, July 21, 2023: The African Development Bank (AfDB) Group, has affirmed its commitment to support 900 million dollar multinational power transmission line between Mauritania and Mali, connecting 620,000 people to electricity.

RELATED POSTS

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”

ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region

The Bank, in a statement on its website, made the commitment with the partners at a roundtable in the Mauritanian capital, Nouakchott.

It said the discussions explored funding options for the project, which also entailed developing solar power stations.

It said:“AfDB has worked closely with both countries to prepare the project, and affirmed its interest in co-funding.

“The project aligns with the Bank’s Desert-to-Power initiative, which is set to become the world’s largest area of solar power generation.

“The initiative will increase solar production capacity by 100M. It will also strengthen and extend distribution networks covering nearly 1,500 km of high-voltage (225 kV) lines.”

Mauritania’s Minister of Economy and Sustainable Development, Abdessalam Saleh, said the strategic nature of the project would have a strong transformative effect on the economy.

Saleh said it would also create a connection to the Senegal River Basin Development Organisation’s grid.

“The project constitutes an essential link in the regional electricity distribution system known as the “trans-Sahel spine,” which is currently being studied.

“ It will link Mauritania to Chad, passing through three other landlocked countries; Burkina Faso, Niger and Mali.

“ The 225 kV line will connect new renewable energy parks to the sub-region’s power grid “Saleh added.

The AfDB’s Deputy Director-General for North Africa, Malinne Blomberg, said the project would turn AfDB’s policy of supporting the development of green infrastructure in Africa into a reality.

Bloomberg, which is also Country Manager for Mauritania, said it would also promote green, inclusive, sustainable growth, which would significantly improve the living conditions of people in Africa.

She said: “We firmly believe that this project will have a transformative effect on promoting both the private sector and trade and, consequently, create job opportunities.”

Daniel Schroth, AfDB’s Director for Renewable Energy and Energy Efficiency, said this regional project was a flagship for the sub-region’s energy transition.

He lauded the close cooperation between Mauritania and Mali, as well as technical and financial partners in preparing the project.

AfDB has operated in Mauritania for over 50 years in various strategic development areas.

These include agriculture, governance, water and sanitation, mining, private sector, transport and social issues, with an active portfolio of more than 140 million dollars.

The Bank Group is also active in several economic sectors in Mali, namely transport, agriculture, energy, water and sanitation, finance, governance, and climate change.

Its current portfolio in the country totals about 723 million dollars.

Tags: AfDBMali
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions
Energy

ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions

December 5, 2025
Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”
Foreign

Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”

December 5, 2025
ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region
Foreign

ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region

December 4, 2025
Senate Confirms Musa as Defence Minister
Energy

Senate Confirms Musa as Defence Minister

December 3, 2025
Culture and border fragilities: Experts call for a new preventive local diplomacy
Foreign

Culture and border fragilities: Experts call for a new preventive local diplomacy

December 3, 2025
West Africa: Cultural Stakeholders reimagine urban spaces to build TV peace
Energy

West Africa: Cultural Stakeholders reimagine urban spaces to build TV peace

December 3, 2025
Next Post
New Customs focuses on simplified trade processes

Customs worries over numerous checkpoints

NBS reports increase in Inflation

Experts proffer solutions to rising cost of living, inflation rate

Recommended Stories

We have nothing to hide – NNPC

NNPC, CBN review banking services, strengthen relationship

February 9, 2024
SMEDAN to disburse N5.2m start-up grants to cooperatives

Register for ease of doing business, SMEDAN urges MSMEs

December 18, 2022
N43tn e-payments made in Nigeria

CBN to arrest defiant POS outlets, banks, others, in Bayelsa

February 15, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ECOFEST 2025: A facet of African cultural engineering showcased in the digital pavilions
  • Restitution and Protection of Cultural Property: Felwine Sarr Calls for “Reimagining the African Museum”
  • ECOFEST 2025: Addressing Key Challenges to Artistic Mobility within the Region

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us