DFC Mobilizes $414M for Sierra Leone Power Project
We will provide all the requisite support for this partnership,” stated David Moinina Sengeh, Chief Minister of the Government of Sierra
Sierra Leone offers investment opportunities in several segments of the energy industry including wind energy, solar energy, hydro, and bioenergy. The Government of Sierra Leone is also seeking infrastructure investment to support expansion of energy distribution and transmission networks.
The Government of Sierra Leone is also seeking infrastructure investment to support expansion of energy distribution and transmission networks. Sierra Leone has good access to natural resources necessary for energy production such as access to viable wind speeds and sunshine for renewable wind and solar projects.
Energy consumption in Sierra Leone is dominated by biomass, which accounts for over 80% of energy used. The largest source of biomass energy is wood fuel followed by charcoal , while the use of agricultural crop residues and bagasse in the sugar industry remains limited.
Power Africa supported Sierra Leone in 2015 with a $44.4 million four-year threshold program through the United States Millennium Challenge Corporation (MCC).
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