Mali Receives $1.5M from Scaling-Up Renewable Energy Program

MALIMali has received $1.5 million from the Scaling-Up Renewable Energy Program in Low Income Countries (SREP) of the Climate Investment Funds (CIF), the African Development Bank (AfDB) said Thursday. The AfDB said in a statement that the SREP financing would benefit the Project for Scaling-Up Renewable Energy in Mali (PAPERM).

Following the grant approval, Alex Rugamba, director of the AfDB’s Energy, Environment and Climate Change Department, said, “The bank actively participated in the preparation of the SREP investment plan for Mali.”

He said AfDB would support the implementation of three of the four projects that it contains, including the Project for Scaling-Up Renewable Energy in Mali.

Rugamba added that through PAPERM, the bank seeks to support Mali in transforming its energy sector and improving the environment for future investments in renewable energy.

Mali has great renewable energy potential, which remains largely untapped to date.

The country’s Strategic Framework for Growth and Poverty Reduction 2012-2017, however, plans “to make renewable energy the main energy source in the country.”

 

Source: en.starafrica.com

Democracy needs journalism it can trust.

This election season, the stakes are higher than usual — and so is the pressure on newsrooms to soften their coverage, stay quiet, or just disappear. Independent reporting, the kind that answers to readers instead of advertisers or political pressure, matters more in a moment like this, not less.

For over 14 years, Atlanta Black Star has stayed independent and reader-funded. We have no corporate owner and no shareholders telling us what to cover or how to cover it. That independence is also our biggest vulnerability: nothing protects it except readers choosing to fund it directly.

Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under in a moment like this, it's rarely the independent, reader-funded ones that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top