World Bank Helps Boost Malawi's Energy Sector

Malawi will be receiving $84.7 million from the World Bank in support of its plans to develop domestic sources of electricity.

The World Bank said June 28 it will provide a $65.4 million grant and $19.3 million concessional credit for a project that aims to improve the capacity of Malawi’s power generation systems to transit and reach consumers. The funding will be used for the installation of more transformers and construction of distribution substations to ease the pressure off Malawi’s mostly overloaded power distribution substations. Existing substations will also be upgraded under the project, according to a World Bank news release.

The Energy Sector Support Project will be implemented by Malawi’s Ministry of Natural Resources, Energy and Environment and the Electricity Supply Corporation of Malawi.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.