Uganda requires $2.5B investments by 2026 to strengthen T&D system
Uganda’s Electricity Regulatory Authority has stated that approximately $2.5 billion will need to be invested by 2026 in both the transmission and distribution system in the country to support the national grid expansion, according to the magazine CIO East Africa cited by ESI-Africa.
It is reported that Uganda has one of the lowest electricity access rates by global and regional standards, with national access to grid electricity of less than 22% while only 7% of the rural population is currently electrified, reports ESI-Africa.
Increasing electrification is thus a major drive to achieve national social and economic development objectives under the country’s vision for 2040.
“We know that a reliable and extensive power supply system is the fundamental pre-requisite for economic growth,” said CEO of Siemens Southern and Eastern Africa, Sabine Dall’Omo, confirming that Siemens partnership with the Ugandan government to strengthen the country’s energy infrastructure is coming along well.
She said since the signing of the Memorandum of Understanding in May this year, there has been significant progress to pinpoint areas of collaboration.
“At a high-level we have identified priority activities to strengthen the transmission grid and create innovative business-driven solutions that are practical, affordable, reliable and sustainable to electrify Uganda’s rural households,” Dall’Omo said.