Togo: Tinga Fund Achieves 54% Connection Rate

Energy
Monday, 04 November 2024 11:43
Togo: Tinga Fund Achieves 54% Connection Rate

(Togo First) - As of mid-2024, two years after its launch, the Tinga Fund had successfully connected 21,430 households to Togo’s power grid. The achievement is detailed in the "Reform Implementation Report" recently released by the Ministry of Economy and Finance. According to the document, the program has reached 54% of its goal of connecting 40,000 households.

However, it is important to note that from January to June 2024, only 459 new households were connected in the Kara, Plateaux, Centrale, and Maritime regions. Connecting more people to the grid is essential to achieving the government's ambition of reaching a national electricity coverage rate of 70% by the end of 2024.

Moreover, the Tinga Fund has made notable progress in electrifying targeted areas. For instance, in the Savanes region, the electrification rate increased from 22% in 2022 to 33% in 2023. Similarly, in the Kara region, electricity coverage rose from 35% to 44%, while in the Plateaux region, it improved from 29% to 39%. This growth indicates an increase of around 10% for each of these regions.

Furthermore, it is essential to highlight that the Tinga Fund primarily aims to assist disadvantaged households by enabling them to connect to electricity networks. In exchange for this service, households pay a monthly fee of CFA1,000 for 4 to 10 years.

Esaïe Edoh

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