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LOANS & CREDITS

Ethiopia: Electricity Access Rural Expansion Project - Phase II

July 3, 2007




IDA CREDIT: US$130 million
TERMS: Grace = 10 years; Maturity = 40 years.
PROJECT DESCRIPTION: The project aims to bring grid, mini-grid and off-grid electricity access to 295 towns and villages and provide such services as lighting for schools and clinics, benefiting a total population of about 1.8 million. By providing reliable and affordable electricity to rural communities, the project potentially will enhance income-generating opportunities, improve health care and education, and boost agricultural productivity. Better and cleaner lighting will also have a positive impact on the operating hours of the schools and on the hours available for children to study at night. Public street lighting will improve the quality of life and the safety of the population living in the communities.


Media Contacts
Timothy T. Carrington
Tel : (202) 473 8133
tcarrington@worldbank.org

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