The World Bank gives Madagascar 100 million dollars to support the electricity and water company

Serve The World Bank a $ 100 million grant for Madagascar, dedicated to improving the performance of the National Electricity and Water Company (Girarama), which suffers from a stifling financial crisis, according to the announcement of the Madagascar government." target ="_Blank"> Madagascar late last July to prepare the necessary reforms to enhance the energy sector, where the technical and organizational frameworks were identified to implement a program based on achieving results. The percentage of the population benefiting from its services currently exceeds 15%." target ="_Blank"> Madagascar government to double the production of electricity and raise the percentage of energy access to 75% of the population by 2030, with a main focus on investing in renewable energy sources.

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