World Bank finances increased electricity supply to the capital of Guinea-Bissau

29 June 2015

The World Bank will provide US$78 million to finance construction of a power transmission line between the Kaleta dam in Guinea-Conakry and Bissau, capital of Guinea-Bissau, under the terms of a recently signed agreement.

The agreement, signed on 25 June, stated that, after administrative procedures had been completed, the funds would be available in mid-October, and that the transmission line would allow another 32 megawatts of electricity to reach Bissau.

The Minister of Economy and Finance, Geraldo Martins, said the government of Guinea-Bissau would soon launch a tender to hire the contractor for construction of the high voltage transmission line.

Guinea-Bissau has a quota of the power generated by the Kaleta dam, which recently became operational in Guinea-Conakry as part of the Organisation for the Exploration of the Gambia River (OMVG). (macauhub/GW)