News
West Africa Regional Electricity Market Program Multiphase Programmatic Approach (WAPP)
January 24 2025
The World Bank Board of Directors approved a US$1.6 billion multiphase investment program to bolster regional power system integration, enhance energy security, and advance the transition to a more affordable, sustainable, and lower carbon power sector in West Africa. ESMAP’s substantive contributions to the preparation of this complex initiative, including the design of the Liquidity Enhancement Revolving Fund (LERF) have been instrumental in developing this project.