|Approval Date||30 Sep 2015|
|Signature Date||29 Dec 2015|
|Planned Completion Date||31 Dec 2023|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||23630|
The Gambia River Organization for Development (OMVG) Energy Project covers the following four countries: The Gambia, Guinea, Guinea-Bissau and Senegal. This sub-regional organization is the executing agency of the integrated development programs in the region and focuses, in particular, on the rational management of the common resources of the Gambia, Kayanga-Geba and Koliba-Corubal Rivers. The basins of these rivers offer the possibility of producing energy. The energy project has two main components: (i) the Sambangalou hydroelectric development located partly in Senegal and partly in Guinea, (ii) the interconnection line which crosses the four OMVG countries. It is planned a duration of 4 years for the realization of the works. The establishment of these infrastructures should make it possible to produce and distribute electricity in the 4 OMVG member countries in order to respond to demand at the request of the population, to promote economic development and to contribute to their independence from fossil fuels.
The purpose of the OMVG Energy Project is to contribute to the socio-economic development of the OMVG member countries through increased access of the population to electricity. It aims to enable energy exchanges and improve the quality of electricity supply in OMVG member countries by providing renewable, clean and cost-competitive energy.
The main beneficiaries of the project are the Governments and populations of the four (4) countries of OMVG (Gambia, Guinea, Guinea-Bissau and Senegal), which will notably benefit from: increased access to electricity; the enlargement of the energy exchange system and the creation of a regional electricity market.
African Development Fund
|Last Update||24 Sep 2022|