Madagascar - Power Grid Resilience Project (PRRE) - Project Appraisal Report

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Integrated, inclusive and sustainable development remains a strategic imperative for Madagascar, given its national socio-economic context which is characterized by persistent poverty and structural inequalities. According to World Bank estimates, the poverty rate reached 80% of the population in 2024, making Madagascar one of the most vulnerable countries in the world, with a particularly high concentration of poverty in rural areas, where almost 80% of the most disadvantaged households live. Despite some macroeconomic improvements, the poverty reduction prospects remain limited due to low productivity, vulnerability to climate shocks, inadequate infrastructure and limited access to essential services, including energy. Access to modern, affordable and sustainable energy is a major challenge that hampers human and economic development.

Source: Wikipedia