{"id":62682,"date":"2023-12-15T17:18:31","date_gmt":"2023-12-15T17:18:31","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=62682"},"modified":"2023-12-15T14:51:25","modified_gmt":"2023-12-15T14:51:25","slug":"afdb-approves-shs20b-for-eastern-africa-power-pool","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool","title":{"rendered":"AfDB approves Shs20b for Eastern Africa Power Pool"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>The Chief Executive Officer of Electricity Regulatory Authority Uganda Ms Ziria Tibalwa Waako has said the Independent Regulatory Board (IRB) has received approval of $5.4 million (Shs 20b) from the African Development Bank (AfDB) for the operationalisation of the Eastern Africa Power Pool (EAPP) that is aimed at providing reliable and affordable electricity in the region.<\/b><\/p>\n

\u201cWe came together as regulators of Eastern Africa to operationalise the regional power pool to ensure that the region enjoys the renewable, affordable energy resources to fuel its economy,\u201d she said.<\/p>\n

Ms Waako made the remarks at the close of the 7th annual Board Meeting of the Independent Regulatory Authority (IRB) of the Eastern Africa Power Pool (EAPP) held in Entebbe on Wednesday.<\/p>\n

\u201cWe got approval from the African Development Bank to equip this office. We have also got approval from the World Bank today (Wednesday) for the consultant who is going to prepare the market rules as well as the market trading platform,\u201d she said.<\/p>\n

Ms Waako who also doubles as the chairperson of the IRB of the Eastern Africa Power Pool said this is to ensure that member countries meet the two broad agendas of transforming their economies into industrial economies in order to create employment and seek improved welfare of their societies.<\/p>\n

\u201cThe IRB was established in 2005 as an organ of EAPP anchored in COMESA but operationalised in 2012 when it was allowed to exercise its independence. Since then, we have been putting in place relevant organs to ensure that we establish ourselves to a level where we are now approaching the operationalisation of the IRB,\u201d she said.<\/p>\n

The lead coordinator at the IRB Mr Ephrem Tesfaye Belayneh said the next steps for IRB will be furnishing the offices and buying necessary equipment which will benefit the member countries in many ways in addition to cheaper power.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. The Chief Executive Officer of Electricity Regulatory Authority Uganda Ms Ziria Tibalwa Waako has said the Independent Regulatory Board (IRB) has received approval of $5.4 million (Shs 20b) from the African Development Bank (AfDB) for the operationalisation of the Eastern Africa Power Pool (EAPP) that is aimed at providing reliable and affordable […]<\/p>\n","protected":false},"author":84,"featured_media":62681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,240,234],"class_list":["post-62682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nAfDB approves Shs20b for Eastern Africa Power Pool - Uganda<\/title>\n<meta name=\"description\" content=\"The Chief Executive Officer of Electricity Regulatory Authority Uganda Ms Ziria Tibalwa Waako has said the Independen ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB approves Shs20b for Eastern Africa Power Pool\" \/>\n<meta property=\"og:description\" content=\"The Chief Executive Officer of Electricity Regulatory Authority Uganda Ms Ziria Tibalwa Waako has said the Independen ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-15T17:18:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/12\/sm_1702639128.851187.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AfDB approves Shs20b for Eastern Africa Power Pool\",\"datePublished\":\"2023-12-15T17:18:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool\"},\"wordCount\":325,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/12\/sm_1702639128.851187.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afdb-approves-shs20b-for-eastern-africa-power-pool\",\"name\":\"AfDB approves Shs20b for Eastern Africa Power Pool - 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