AfDB approves $322 million energy access funding for Tanzania, Zambia
East African nations, Tanzania and Zambia, are set to receive $322 million in financing from the African Development Bank (AfDB) to support electricity generation, transmission and clean energy access projects in the region.
Under the financing package, Tanzania will receive $282 million for the installation of high and medium-voltage submarine power cables connecting Zanzibar and the Mafia Islands to the national grid.
This initiative will increase power capacity from 143 MW to 440 MW, while simultaneously connecting 465,000 new consumers to the grid and providing clean cooking devices to 335,000 users.
Speaking on the development, Patricia Laverley, AfDB Country Manager for Tanzania, said, “Expanding electricity access in the country will boost youth-led MSMEs across various industries, generating a multiplier effect on job creation, while the adoption of clean cooking solutions will significantly improve the quality of life for women and girls at home by promoting alternative fuels and efficient clean cooking technologies.”
Tanzania aims to raise overall energy and clean cooking access from 46% to 75% by 2030
AfDB approves $322 million energy access funding for Tanzania, Zambia
