Niger, African Development Bank sign $145M energy deal

Niger, African Development Bank sign $145M energy deal

Niger and the African Development Bank agreed a $144.7 million deal to improve energy access in the West African nation. The new funding aims to increase national electricity access in Niger to 30% by 2026, from 22.5% now. Boosting renewable energy forms a key plank of the plan, with a target of generating 240 MW of solar power nationwide by 2030, up from around 80 MW last year. The bank and Niamey are also working to update the government’s ene…