Public Management

Burkina Faso aims for 50% rural electrification rate by 2028, up from 5.49% in 2022

Burkina Faso aims for 50% rural electrification rate by 2028, up from 5.49% in 2022
Friday, 22 March 2024 17:16

Burkina Faso is working to reshape its national electricity strategy, with a special emphasis on collaborating with neighboring countries Mali and Niger.

The government of Burkina Faso has initiated the formal approval process for its National Rural Electrification Strategy (SNER), in a workshop that took place on March 19, overseen by the Minister of Energy, Mr. Yacouba Gouba.

According to various local news outlets, the cost for rolling out the SNER is projected to be CFA625 billion (approximately $1.04 billion). The strategy's main goal is to bring electricity to 1,000 rural communities annually through the use of the national interconnected grid, green mini-grids, and standalone systems. This ambitious plan aims to boost rural electrification rates to 50% by the year 2028.

In his remarks regarding the strategy, Energy Minister Mr. Gouba envisioned a future where, by 2028, rural electrification in Burkina Faso transitions from being a luxury to a fundamental right available to all citizens. “A country where endogenous resources are exploited wisely, where a favorable legal and institutional framework attracts private investment,” he said. 

Access to energy is crucial for sustainable development, aligning with the seventh Sustainable Development Goal, which focuses on ensuring universal access to affordable, reliable, sustainable, and modern energy services by 2030.

Nevertheless, Burkina Faso, like many countries in Sub-Saharan Africa, is experiencing low electrification rates, particularly in rural regions. The combination of rapid population growth and insufficient investment in power generation projects and transmission infrastructure has resulted in approximately 80% of the global population without electricity residing in SSA.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.