The Gambia’s cabinet has approved on Tuesday the Continental Self and Maritime Zones Bill, which will send the International Energy Charter to the National Assembly for enactment.
According to Gambian President Adama Barrow, his cabinet has agreed to sign the charter to help the small West African nation meet its energy demands.
The International Energy Charter is a declaration of political intention aiming at strengthening energy cooperation between the signatory states and which does not bear any legally binding obligation or financial commitment.
Charter promotes mutually beneficial energy cooperation among nations for the sake of energy security and sustainability.
“We are looking at several options to address the country’s electricity problem from generation, transmission to distribution,” said President Adama Barrow.
“We will repair the current generators while we work on more permanent solutions including alternative energy.”
The Gambia is only generating 40 megawatts of the 150 megawatts needed to power the nation of fewer than two million people.
State-owned power company NAWEC said it has put measures in place to temporarily address power cuts in 6 months and secure a permanent fix within 24 months.
In May and June, power cuts in The Gambia were common and took a toll on small businesses. Economists are calling for an end to NAWEC’s monopoly and the privatization of the company.