Benin Power Compact

“I hope for an electricity sector with sustainable growth”
Ismène Ahamide Zounmenou is growing her business through MCC’s Benin Power Compact.
Benin has one of the world’s lowest levels of electricity consumption per capita because of limited access to and availability of electricity for the country’s population of 11.8 million people. Rapidly growing demand coupled with inadequate maintenance and insufficient investment have stressed Benin’s national electrical grid, leading to poor quality service that impacts households, hurts businesses, and hinders public services.
MCC is partnering with Benin to tackle these issues through a $391 million compact that is reforming, expanding, and modernizing the West African country’s power sector. With an additional contribution of $28 million by the Government of Benin, the compact aims to strengthen the national power utility, attract private sector investment into solar power generation, and fund infrastructure investments in electricity distribution as well as off-grid electrification for poor and unserved households.
Financials
Financials as of March 31, 2022
Compact Budget
Milestones
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Entry Into Force:
June 22, 2017 -
Signed:
September 9, 2015
Compact Projects
As of March 9, 2022