The objectives of this component are to:
i. Accelerate private sector delivery of mini grids in off-grid communities
ii. Develop mini grids on a build-own-operate model and catalyze mini grid deployment at scale to kick-start the market
iii. To electrify unserved and underserved areas with high economic growth potential
iv. To energize households, local
enterprises and public institutions within the mini grid sites.
v. The target is to electrify 105,000 households and 20,000 MSMEs through a USD$46 Million funding mechanism from the African Development Bank