The World Bank recently launched the Distributed Access through Renewable Energy Scale-up (DARES) program financed by the International Development Association credit, which aims to power 17.5 million Nigerians.
The project will work to scale productive uses of energy, increase incomes, and create jobs, as well as curbing the use of diesel generators across the country. DARES will build on Nigeria’s Energy Transition Plan, and the World Bank-financed Nigeria Electrification Project by deploying minigrids and solar home systems.
Furthermore, the financial institution is targeting Eastern and Southern Africa through another initiative, Accelerating Sustainable and Clean Energy Access Transformation (ASCENT), which will provide electricity access to 100 million people in up to 20 countries over the next seven years.