LAGOS – The World Bank has approved funding worth US$350 million (N$2,4 billion) for a plan to integrate the power networks of four West African nations, the Economic Community of West African States (Ecowas) said.
The regional bloc said the power pool would help reduce the cost of energy and promote cross-border electricity exchanges between Benin, Ivory Coast, Ghana and Togo. Ecowas said a first instalment of US$40 million would be provided through the International Development Association to help Ghana get started on the first phase.The West African Power Pool is separate from a Nigerian plan to run a 330-kilovolt line from northern Nigeria through Niger to Burkina Faso, with a branch line to Benin.-Nampa-ReutersEcowas said a first instalment of US$40 million would be provided through the International Development Association to help Ghana get started on the first phase.The West African Power Pool is separate from a Nigerian plan to run a 330-kilovolt line from northern Nigeria through Niger to Burkina Faso, with a branch line to Benin.-Nampa-Reuters
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