Kenya has received a Sh26 billion ($330 million) loan from the World Bank to expand electricity access and deepen investment in green energy. The Kenya Electricity Expansion Project aims to increase access to power in urban and rural areas and also enable the country to expand geothermal energy generation.
“Kenya has demonstrated a strong commitment to clean and green energy by exploiting its geothermal potential,” said Mr Johannes Zutt, the World Bank country director for Kenya.
“The bank is supporting these efforts to promote equitable access by Kenyans to modern energy while protecting the environment,” he said.
The project is part of over $1.4 billion (Sh110 billion) being invested in the electricity sector by the government, the bank and other development partners. The aim is to support Kenya’s strategy to accelerate infrastructure development as a means of strengthening foundations for growth and competitiveness
Source: Nation World Bank
