Guinea: AfDB funding for Conakry grid expansion work

The African Development Bank board has approved a loan and grant totalling $16.66m for the Conakry Electricity Network Rehabilitation and Extension Project (Prerec2). The project will help to improve the governance and commercial management of Electricité de Guinée (EDG), to support the government’s efforts to reform the sector, and to extend the electricity distribution network to 12 neighbourhoods in the Ratoma and Matoto municipalities in Conakry. The project is a follow-up to Prerec1, which the bank said had significantly improved power supply to 30 other neighbourhoods in the same municipalities.