ZAMBIA DESCO (IFC-602413)

Countries
  • Zambia
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 22, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
(IFC's-own implemented project)
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 0.88 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 13, 2018

Disclosed by Bank Apr 19, 2018


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Project Description

This project is a sub-component of a regional IFC program focusing on scaling up energy services in sub-Saharan Africa (SSA) through off-grid public private partnerships (PPPs). The project's specific focus is providing critical data on the market; identifying and securing alignment with relevant public sector players on areas that will be ring-fenced for energy service delivery through off-grid PPPs; and reducing uncertainty in the enabling environment relevant to off-grid PPPs, including legislation, regulation, tariffs and standards and specifications. The project is being implemented by the IFC in close collaboration with public sector entities, private sector associations, development partners and the World Bank.

The planned activities of the project include; identifying parts of the country where it makes economic sense for off-grid solutions to be deployed; reviewing the legal and regulatory framework and making recommendations for, and supporting relevant authorities in, streamlining legal and regulatory requirements as appropriate; and reviewing and making recommendations on a tariff framework applicable to mini-grids.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

*Contact information not provided at the time of disclosure*

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/