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Dakar, July 5 (APS) – The government of Senegal and the French Development Agency (AFD) signed a financing agreement in Dakar on Thursday of about 34 billion CFA francs for the implementation of the program. SMARTGRID, learned the APS.
The document was initialed by the Senegalese Minister of Economy, Finance and Planning, Amadou Ba, and the Director of the French Development Agency, Laurence Hart, in the presence of the Africa Director West and Central Agency
SMARTGRID is a "smart" network designed to optimize production, distribution and consumption in order to better link the supply and demand of electricity.
"This convention (…) is an essential contribution to the execution of this important program of the energy sector, one of the foundations of the success of the Emerging Senegal Plan", said the Minister of Economy in a speech which APS obtained a copy
The SMARTGRID program '' aims to improve our energy competitiveness and the living conditions of the population by securing electricity supply '', added Amadou Ba.
It '' 'will strengthen and modernize the transmission networks to take into account SENELEC's new energy production capacities and thus reduce the losses inherent in the transport of energy' '. [19659002]
The program '' will also increase the share of renewable energy in our energy production, in accordance with the guidelines (Senegalese head of state) that has made the energy mix a major focus of governance sector ' ', according to Amadou Ba.
He noted that this new financial assistance obtained from the AFD "once again testifies to the excellence of the secular relations and the fruitful cooperation between our country and the French Republic".
AFD celebrates 75 years of presence in Senegal, '' honored its commitments to accompany the implementation of the PES, commitments made in February 2014 during the Consultative Group of Paris '', hailed Amadou Ba.
According to him, 41 financing agreements were signed for a total amount of over 129 million euros, or about 846, 4 billion CFA francs.
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