Tanzania receives NOK 700 million from Norway for rural Electrification!

Minister of International Development Mr Holmås and Tanzanian Minister of Energy and Minerals Sospeter Muhongo
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Tanzania receives NOK 700 million [approx.200 billion TZs] from Norway in a four-year period in a move to give grid electricity to populations in rural areas countrywide.
Speaking on the agreement,Heikki Eidsvoll Holmås said access to electricity is essential for reducing poverty and generating economic growth. Providing electricity in rural areas is a way of giving the majority of the population in Tanzania the freedom to choose not to use paraffin, diesel and other less reliable energy sources that are damaging to health.

Holmås and  Muhongo signed the agreement in Oslo on 9 April. Both of them were taking part in the High Level Meeting on Energy and the Post-2015 Development Agenda.

In Tanzania, eight out of ten people live in rural areas. Of these people, only 6 % have access to modern forms of energy. Increasing access to energy will take many years and will require substantial public subsidies.The fund will be managed by the Rural Energy Agency (REA). 

Tanzania’s aim is to increase the percentage of the population that has access to electricity from 14.5 % to 30 % on a national basis, and from 6.5 % to 15 % in rural areas, by 2025. 
Mr Holmås and Tanzanian Minister of Energy and Minerals Sospeter Muhongo sign the agreement in Oslo.
Done deal....I can't wait to see what happens with that money *wink*

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