FDA participates in the restructuring of the electricity sector in Mauritania
15 August 2011
The French Development Agency is to grant 45 million euros to the Mauritanian electricity company Somelec in order to help Mauritania to restructure its electricity sector.
The country's production comes mainly from oil and diesel powered stations, and these cannot meet the country's needs, reports the Ecofin press agency.
This aid will enable Mauritania to exploit the gas which it possesses off its coasts.
Elsewhere, the electricity interconnector project involving the electricity grids of Mali and Ivory Coast is now 60 percent complete on the link between Ferkéssédougou (Ivory Coast) - Sikasso-Koutiala-Ségou (Mali), announces a press release from Mali's ministry for Energy and Water published last Wednesday by Info Plus Gabon.
For the link between Laboa - Boudiali - Férkéssédougou (Ivory Coast), the intentions to contribute financing by India and the Economic Community of West African States (CEDEAO) will complete the financing for the works, says the press release.