IFC to Finance 50 MW Solar Project in Sierra Leone
Only 12 percent of Sierra Leone’s households have access to electricity
October 15, 2018
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Sierra Leone’s Ministry of Finance has signed a $40 million agreement with the International Finance Corporation, a sister organization of the World Bank, for the development of a 50 MW solar project in the country. The project is scheduled to be commissioned in 18-24 months and will supply electricity at a tariff of $0.08/kWh.