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Find all the economic and financial information on our Orishas Direct application to download on Play StoreGolgolia has concluded with Exim Bank of India a financing agreement to unlock about 22 billion FCFA, for the electrification of 350 localities by solar photovoltaic systems, increasing the commitments of the financial institution in favor of energy in Togo.
This is the 3rd line of credit of the Indian bank to boost electrification in the West African country. The funds will install 2,000 solar irrigation systems and electrify 500 schools. The installation of 500 solar pumping systems for drinking water supply and 12,000 solar street lights was also announced. This signing of an agreement, which took place the day after the inauguration of the Blitta solar power plant, is in line with the togolese authorities' ambition to make energy accessible to all by 2030. The Togolese government, for whom access to domestic energy is a catalyst and accelerator for the development of the towns and villages that benefit from it, maintains that this project "will contribute to the improvement of the living conditions of rural populations living in isolated localities of the conventional network".
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