Electricity: The Tinga Fund garnered 100,000 beneficiaries in just a year!

Energy

Wednesday, 26 April 2023 11:05

Electricity: The Tinga Fund garnered 100,000 beneficiaries in just a year!

(Togo First) - Since it launched in April 2022, the Tinga Fund has reached over 100,000 people in the Togolese regions of Kara and Savanes. The figure was disclosed by the country’s Presidency last week, after a meeting between President Gnassingbe and some of the Fund’s beneficiaries in Pagouda (in the Kara region).

The Minister Delegate to the President, in charge of Energy and Mines, Mila Aziable, was also present. On the occasion, she provided more details about the project, its objectives, results, and prospects.

Tinga is a presidential initiative that makes it easier for people in Togo to have electricity. In detail, low-income households can connect to the grid by paying the connection fee (CFA100,000 or about $170) in installments. The initial payment is CFA1,000 and the rest can be paid over four (4) to 10 years.

During the meeting, Gnassingbe noted, "with satisfaction", the impacts of the project on the living conditions of the people and the social sectors of the Kara region.

The leader, however, mentioned the various issues–security threats mainly–that the region faces and warned its people to be more prudent, and to work to preserve peace, without which no development project can thrive.

"Everything we do today can be called into question. We are facing security threats in the sub-region. I invite you to be extremely vigilant because no one is safe from terrorism. We are all concerned by this situation. We must preserve peace and security in our country," he declared.

For its pilot phase, the Tinga Fund was allocated a budget of CFA3 billion. Its end goal is to increase the electrification rate in the Savanes region from 22% to 31% and in the Kara region from 35% to 50% in 10 years.

Ayi Renaud Dossavi

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