What Happened

The African Development Bank approved €103.14 million in funding for Côte d’Ivoire’s PROSER II project, aimed at expanding electricity access and improving infrastructure. The project, co-financed by the Islamic Development Bank and the government, will connect over 107,000 households and install 74,010 LED public lighting units.

Who Is Affected

The project will benefit communities across 18 regions, including rural areas and urban centers like Greater Abidjan. Over 107,000 households and businesses will gain access to reliable electricity, improving living conditions and economic opportunities.

Market Impact

• Significant infrastructure upgrades in Côte d’Ivoire’s electricity sector.
• Increased demand for energy-efficient technologies, such as LED lighting.
• Opportunities for businesses in construction, energy, and technology sectors.

What to Watch

Monitor the progress of PROSER II as it aims to achieve universal electricity access by 2030. Watch for tenders and partnerships related to infrastructure development and energy-efficient solutions.