Remember my post here about 10 things President Peter Mutharika could do to help Malawians? Remember the part about the Malawian government applying for a developmental loan from the African Development Bank and / or a few select countries?
Well, look at what Kenya has done:
In case you wanted to find out how much 12.2 billion Kenyan shilling is, as of today, its equivalent to US$134 million
Or as the African Development Bank (AfDB) itself puts it on their website,here, US$133 million when the loan was approved. Still a decent sum I think, which if properly utilised can go a long way.
According to the AfDB:
..the funds will finance the Last Mile Connectivity Project that aims to maximise the use of the Kenya Power and Lighting Company’s (KPLC) 35,000 existing distribution transformers spread across the country. The total project cost is estimated at US $147 million, with the Government of Kenya contributing the remaining US $14 million.
..
The Last Mile project has three components: (i) construction of the distribution network including installation of energy meters for the connection of residential and commercial customers; (ii) project supervision and management; and (ii) capacity-building activities, which include training KPLC technical staff to operate and maintain the distribution system.
The proposed project will cover the entire country with selected transformers in 47 counties and expected to directly benefit low income groups, largely in counties with the lowest penetration rate. At least 314,200 customers, which would translate into approximately 1,571,000 people, will have access to electricity. By providing increased electricity access, the project will contribute to improved living standards among targeted households in terms of education, health and access to information. As for small businesses within the project area, the project will also help increase their competitiveness and ability to expand activities.
Excellent. A connected and powered Africa is a stronger Africa. Great stuff. Good for them!