JIRAMA : 100 Millions of dollars funded by the World Bank

A wind of hope blows in favor of Jirama, Madagascar water and electricity distribution company. Thanks to funding from 100 $ million World Bank granted, the JIRAMA Enter a new era of transformation. This strategic partnership announces concrete changes for millions of Malagasy.

A historic turning point for Jirama

The World Bank has just approved exceptional support for 100 $ million to support the recovery of JIRAMA. A national company that is in charge of water and electricity in Madagascar. The goal is ambitious, but essential : Modernize energy production, Improve governance and strengthen public services.

This program is part of a long -term vision : that of making electricity more accessible, more reliable and more durable. This is not just funding, but of a real partnership based on measurable results. This by ensuring that each dollar invested generates a real impact on the daily lives of citizens.

World Bank teams have collaborated closely with the Malagasy authorities to lay the technical and organizational bases of the program. Results : a clear roadmap, defined objectives and reinforced governance.

JIRAMA : Reforms for the future

The novelty of this program lies in its demanding approach : the funds will only be paid If the results are achieved. This method “Results” is a first on this scale for the Malagasy energy sector, guaranteeing Transparency, Efficiency and responsibility.

The action plan provides for a Technical and financial restructuring jirama. This with governance performance indicators, continuity of service and profitability. This reform also aims to attract other investors and to promote the development of renewable energies, national priority in the energy transition.

The government aims to Double electricity production from here 2030 and bring the access rate to 75 %. Thanks to this program, Madagascar finally has the means of his ambitions.

This World Bank funding represents much more than financial support : He embodies A commitment for the future, a promise of transformation to a equitable access to energy For all Malagasy.

The recovery of the Jirama becomes the symbol of a sustainable renewal and a brighter energy future for the country.

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