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Funding requirements

The residual investment need to complete universal access to electricity is estimated at FCFA 395.8 billion for 2025-2029 (PIC/SAAUE 2029).

The main investment needs break down as follows:

  • MV/LV grid extension covers 3,978 localities for an estimated FCFA 231.9 billion;
  • the deployment of solar photovoltaic mini-plants covers 844 localities, for an estimated investment of FCFA 92.1 billion;
  • solar home systems (SHS) are planned for 1,649 localities, at an estimated cost of FCFA 5.9 billion;
  • management and study costs represent about FCFA 16.5 billion, i.e. 5% of investments;
  • an envelope of FCFA 16.5 billion is also provided for productive use costs, to strengthen the socio-economic impact of electrification;
  • a provision of FCFA 33.0 billion is included for contingencies, bringing the overall PIC envelope to FCFA 395.8 billion.

Overall budget

PIC financing needs (FCFA million)
ItemFinancing need (FCFA million)
MV/LV grid extension 231,928
Solar PV mini-grids 92,076
Solar home systems (SHS) 5,860
Total investment cost 329,863
Management and study costs (5%) 16,493
Productive use costs (5%) 16,493
Contingencies (10%) 32,986
TOTAL 395,836

Source: PIC/SAAUE 2029, pp. 56-57 - V. “Assessment of overall costs by technology”.

Territorial breakdown of needs

Out of an overall investment need estimated at FCFA 395.84 billion to complete universal access to electricity, the PIC allocates investment by territorial pole in order to adapt interventions to the needs and characteristics of each territory.

Breakdown of needs by territorial pole
Territorial poleNon-electrified localitiesTotal budget (FCFA bn)
Centre 1,066 57.0
Diourbel-Louga 2,106 114.8
North 897 73.8
North-East 576 33.8
South 623 36.6
South-East 959 69.9
Thiès 229 10.0
Total 6,456 395.8

Source: PIC/SAAUE 2029, p. 58 - VI. “Breakdown by territorial pole”.

The 15-locality gap with the total of 6,471 corresponds to the Dakar localities, which are not included in the poles presented.

This breakdown directs investment towards the territories where needs remain greatest, while adapting technical solutions to local realities. The PIC highlights in particular the scale of needs in the Diourbel-Louga, North and South-East poles, which together account for close to two thirds of requirements.

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With the support of the World Bank and the technical and financial partners