The Board of Directors of the African Development Bank Group (AfDB) has approved a US$22m grant from its Fragile States Facility for the Jiji and Mulembwe Hydroelectric Plant Project in Burundi. The US$270m project will involve the construction of two hydroelectric power stations and related infrastructure.
The two projects have three major components with the first being the construction of hydroelectric power stations and its associated infrastructure. The second will involve the provisions of technical assistance while the last detail is supporting the institutional development of the electricity sector. The AfDB grant will be channeled towards the financing of the first component of the project.
The project is supported by a group of donors active in the energy sector in Burundi and they include the World Bank, the European Investment Bank and the European Union.
The purpose of the project is to reduce the vulnerability of Burundi’s economy and its dependence on foreign aid. The project will also facilitate the country to transition to green and inclusive growth as outlined in the AfDB’s long term strategy. It will also contribute to increased supply of reliable and affordable electricity thus directly contributing to improving living standards, economic activity, growth and development of Burundi.