Electricity: Togo launches Tinga Fund, officially

Tuesday, 14 March 2023 03:19
Electricity: Togo launches Tinga Fund, officially

(Togo First) - Togo has officially launched its Tinga Fund, a fund that facilitates household electrification in the country. The launching ceremony took place on March 9, 2023, in Atakpamé and it was presided over by the Minister Delegate, in charge of mines and energy, Mawunyo Mila Aziable.

The fund leverages subsidies that will allow households to connect to the grid with more ease. Instead of the CFA100,000 fee required to get connected, they will make an initial payment of CFA1,000 CFA to get connected. The remaining CFA99,000 is payable over up to ten (10) years depending on the income of the households.

According to Minister Aziable, this is a "government strategy to ensure the equitable distribution of electricity through reliable, lower cost energy in a sustainable and environmentally friendly manner."

The goal of this project is to achieve 100% connection coverage by 2030, and the fund should eventually provide access to electricity for 1,200,000 households in the country.

The project complements other ongoing initiatives including "CIZO" which provides a monthly allowance to households in rural areas.

Regarding the Tinga fund, there was a pilot phase in April 2022 and it covered the Savanes and Kara regions.

Esaïe Edoh 

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