Sierra Leonean money
World News

Turkey cuts off electricity supply to Sierra Leone over $40m debt

1.6k
Advertisement




Turkey’s Karpowership company has switched off electricity supply to Sierra Leone’s capital city Freetown over an outstanding debt of some $40 million,  Per Second News gathered.

The Turkey firm has 36 powerships with a total of 6,000 MW of installed capacity, and powers towns and communities in more than 20 countries.

Sierra Leone’s debt was accrued over time because the government subsidises more than half the cost the ship charges per kilowatt hour.

As of 2021, only 15% of the total population in Sierra Leone and about 2.5% of the rural population had access to electricity.

The West African country’s power sector is small, with less than 150 megawatts (MW) of energy capacity connecting fewer than 150,000 customers, while the cost for electricity is heavily subsidized. The entire country lacks a stable and reliable public power supply and domestic demand remains significantly unmet.

Sierra Leone is also battling forex issues with one of the worst-performing currencies globally against the U.S. dollar.

Author

See also  UN Security Council approves ceasefire between Israel, Hamas

Leave a comment

Related Articles

Ronaldo Retires From Portugal, Hands Over No. 7 After 23 Years

By Samuel Akpan After more than 20 years of wearing Portugal’s colors,...

Democrats Seize Full US Congress in Midterm Rout of Trump

By Samuel Akpan Democrats swept both chambers of the US Congress in...

US Fatal Crash Involving Self-Driving Car Leaves 71-Year-Old Pedestrian Dead

A 71-year-old pedestrian was killed after being hit by a self-driving vehicle...

French President Macron Slams Violent Rioting Amid Cost-of-Living Demonstrations

French President Emmanuel Macron has condemned widespread violence and looting that erupted...