According to Washington, the reforms carried out by President Macky Sall's administration in the energy sector justify this subsidy of half a billion dollars. Explanations.
This $ 550 million grant from the US government will be used to build high-voltage transmission lines and substations to improve access to electricity. "The grant from the Millennium Challenge Corporation (MCC), the US government's main development fund, will enable Senegal to address critical issues in the electricity sector, ”said Reuters Mahmoud Bah, Acting Director General of MCC. This assistance will be complemented by funding of $ 50 million from the Senegalese government.
On September 9, before the signing ceremony in Dakar, Mahmoud Bah welcomed the regulatory reforms recently adopted by Senegal, which allowed the approval of this funding.
The conditions are now met for the United States to support Senegal
In June, the Senegalese Parliament adopted two bills ending the monopoly of the national electricity company, Sénélec, for the wholesale purchase of electricity.
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