Site icon Soko Directory

AFDB Approves 100M for Construction of Energy Plant in Kibera

AFDB Approves 100M for Construction of Energy Plant in Kibera

A total of 100 Million shillings has been approved by the Sustainable Energy Fund for Africa (SEFA) to Asticom Kenya Ltd to support the construction of a 10 megawatt (MW) grid-connected municipal waste-to-energy (WTE) plant.

The Sustainable Energy Fund for Africa is managed by the African Development Bank.

The grant will fund the cost of conducting a full environmental and social impact assessment, detailed engineering designs, and provide project-related legal advisory services, as well as financial/transaction advisory services.

The project will be located in Kibera, and will generate electricity from municipal solid waste by converting them to biogas/ fuel ethanol. The planned diversion and use of municipal solid waste will have significant health, social and development outcomes, and will be of benefit to the inhabitants of Kibera− a community that receives 1,000 tons of municipal solid waste daily from the Nairobi County.

The project aligns with the  Bank’s High 5 development priorities and in particular, the agenda to Light up and Power Africa,  the  10-Year Strategy, the Private Sector Development Strategy (2013-2017), the Energy Sector Policy 2012, and the New Deal on Energy for Africa. It is also in line with Kenya’s National Development Plan and the African Development Bank’s Country Strategy Paper (CSP) for Kenya, which prioritizes the ‘enabling of physical infrastructure to unleash inclusive growth.’

Exit mobile version