The EU, European Investment Bank and World Bank will offer a combined €206.7m ($2324) in funding to support a renewable energy initiative run by Gambian utility NAWEC. The programme is expected to increase the country's energy supply by 20% and includes the construction of a solar plant at Jambur. In addition, the EU has pledged an additional €15m for projects that promote sustainable development through local community participation and capacity-building.
The EU, European Investment Bank and World Bank will offer a combined €206.7m ($2324) in funding to support a renewable energy initiative run by Gambian utility NAWEC. The programme is expected to increase the country's energy supply by 20% and includes the construction of a solar plant at Jambur. NAWEC said the scheme aims to reduce power shortages and ensure electricity supply to education and health services, as well as rural communities.