• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    East African Community Unveils Bioeconomic Strategy for the next Decade
    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    Ghana & Nigeria to Improve Cross-Border Trade
    Tanzania Seeks to Reach New Record Cashew Production by 2025
    Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living
    World Trade Organization published…Trade plays an Important facet in Access to Medical, Goods and Services
    African Development Bank Group President Calls for More Partnerships to Build Africa’s Social Infrastructure
    Ghana, Key Stakeholders: Sign a Renewable Energy Agreement Worth US$69.88 Million to Improve Access and Socio-Economic Development
    Africa Development Bank Approves $1.5 Billion Facility to Counter Food Crisis on the Continent
    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022

    US$7 Billion 330KV Power Interconnection towards ECOWAS would be completed in 2023

    Posted On 12 Nov 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Photo Credit: Pexels

    NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- Federal Government of Nigeria during the past weekend confirmed that the Economic Community of West African States (ECOWAS) would be completed in 2023.

    During the launch of the 330KV West African Power Pool (WAPP) Nigeria-Niger-Togo/Benin-Burkina guarantee ensure that the deadline is released. He promised of the Federal Government commitment to facilitate the implementation of the project.

    “We are aware of the impressive progress being made in the construction of the projects such as Cote d’Ivore-Liberia-Sierra Leone-Guinea Interconnection Project, OMVG Senegal-The Gambia-Guinea Bissau-Interconnection Project”, he noted, in agreement with the Minister, the project was considered a priority in the 2012 updated WAPP master plan that was validated for implementation by the ECOWAS Heads of State and Government through supplementary Act.

    “This was indeed subsequent to the prefeasibility studies that CEB, NIGELEC, SONABEL and TCN prepared with own resources that demonstrated among others, the key role that the project shall play in the WAPP interconnected system. And moreover, a vital link that shall facilitate power exchange among Nigeria, Niger, Togo/Benin, Burkina and beyond. The priority nature of the project was again reaffirmed in the ECOWAS master-plan for the development of regional power generation and transmission infrastructure 2019-2033 that was approved by the ECOWAS Heads of State and Government in December 2018,” the minister noted.

    The Project, he announced would be financed by African Development Bank (AfDB), European Union (EU), French Development Agency and the World Bank.

    According to him, the interventions among others will rejuvenate the integrity of the WAPP interconnected system, increase opportunities for cross-border power exchange, expand trade links among other countries in the sub-region; revamp the national power systems of the involved countries, increase access and uplift the socio-economic well-being of the populations, especially the ones in the vicinity of the transformation line route.

    “Our commendation also goes to the West African Power Pool that under the guidance of the ECOWAS Commission and in collaboration to make strides in the energy integration and trade effort as evidenced by the formal launch of the regional electricity market in June 2018 and the expected completion of the inter connection of all mainland ECOWAS member states next year” he noted

    www.newafricabusinessnews.com
    Africa’s Most Read and Fastest Growing Global Newspaper. Forward to All www.newafricabusinessnews.com  

    For New Africa Business News Abdul Rahman Suagibu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

     

     

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM.

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Ghana, MPs Common Fund illegal-Local Govt Expert

    Next Story

    Arrest Cost of Managing Solid Waste in Ghana- NGOs

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    East African Community Unveils Bioeconomic Strategy for the next Decade

    Posted On 29 Jun 2022

    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent's Food Security

    Posted On 24 Jun 2022

    Ghana & Nigeria to Improve Cross-Border Trade

    Posted On 21 Jun 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    East African Community Unveils Bioeconomic Strategy for the next Decade

    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent's Food Security

    Ghana & Nigeria to Improve Cross-Border Trade

    Recent Posts

    • East African Community Unveils Bioeconomic Strategy for the next Decade
    • Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    • Ghana & Nigeria to Improve Cross-Border Trade
    • Tanzania Seeks to Reach New Record Cashew Production by 2025
    • Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.