National Electricity Authority 🇸🇴
@neasomalia
The National Electricity Authority (NEA) is a National-autonomous institution, crafted under the tenets of the Electricity Act ratified by the FGS.
ID: 1715063026108301312
http://nea.gov.so 19-10-2023 17:53:02
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The Electricity Service Providers Licensing Workshop is conducted under IFC Africa's technical assistance program, focused on strengthening and advancing Somalia’s energy sector with structured support and strategic guidance for effective regulation. #NEA
Delegates and experts from IFC Africa are actively contributing to today’s sessions, sharing valuable insights and expertise to support energy sector transformation. Grateful for their partnership in building a sustainable and well-regulated power industry in #Somalia. #NEA
Insightful discussions at the NEA Licensing Workshop led by Director General Abdullahi Dayib, focusing on the strategic vision for utilizing the licensing regime as an enabling factor for restructuring the electricity supply industry.
The Ministry of Energy and Water Resources and NEA signed a four-year cooperation agreement with IFC Africa to strengthen Somalia's energy regulations. Focus areas include licensing, tariffs, and renewable energy, aimed at expanding access to affordable, reliable electricity.
Today’s partnership with IFC Africa reaffirms NEA's commitment to a resilient, future-ready energy sector in Somalia. By establishing robust regulatory standards, we are paving the way for sustainable growth and reliable energy access for all.
Active discussions with ESPs and IFC Africa are progressing on the development of a licensing regulatory framework. This collaboration is focused on ensuring accountability and alignment with industry standards to support Somalia’s sustainable energy goals.