Benin Power Compact

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Author: Kevin
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Only one-third of Benin’s population has access to electricity, and total per-capita consumption is low due to limited access and availability. At the same time, rapidly growing demand for power, inadequate maintenance, and insufficient investment have stressed Benin’s national electrical grid, leading to poor quality service that impacts households, hurts businesses and hinders social services.

To tackle these issues, MCC is partnering with Benin through a $375 million compact designed to modernize the West African country’s power sector. The compact, which is supplemented by a $28 million contribution from the Government of Benin, aims to strengthen the national utility, attract private sector investment, and fund infrastructure investments in electricity distribution as well as off-grid electrification for poor and unserved households.

Status
Ongoing
Start Year
2015
Geographical Scope
National
Countries
Benin
Budget (in millions)
375.00
Currency
US Dollar
Energy Sectors and Subsectors