World Bank vows to support Burundi's energy development
Bujumbura, June 28, 2011_The World Bank (WB) vows to support the Burundian energy sector for the next 18 months to allow its population to access the power grid.
The bank's Director of Sustainable Development for Africa Jamal Saghir made the pledge after a courtesy visit to Burundi's Second Deputy-President on Tuesday.
Speaking to reporters at the office of the second deputy- president in the Burundian capital Bujumbura, the official said the World Bank has set up an acceleration program framework to back several development sectors in Burundi, including energy.
"For the next 18 months, the World Bank and the government of Burundi are to develop concrete projects, especially the energy sector," Saghir said.
Both sides will first analyze whether the available amount of energy nationwide of 50 MW is well used, according to the WB official.
"We will first make sure whether the existing 50 MW are well used and whether the existing hydro-power dams are well maintained or need rehabilitation."
He said experts from both the World Bank and the government of Burundi will also ensure that the business environment is favorable to attract investments to the East African nation.
"Good governance and the fight against corruption are crucial in an effort to attract investors in Burundi," Saghir said.
Burundi needs 270 MW for households' consumption and for economic development, including the extraction of nickel.