Angola - Energy sector efficiency and expansion programme (ESEEP) - Phase I (AFDB-P-AO-FA0-003)

Countries
  • Angola
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 13, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
*Borrower information not provided at the time of disclosure*
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 467.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 467.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jan 19, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the Energy Sector Efficiency and Expansion Programme Phase 1 (ESEEP I) is designed to strengthen Angola's power transmission and distribution system. It’s structured around three components: (i) Construction of a 343 km long 400kV Central-South transmission line; (ii) Revenue improvement through installation of prepaid meters; and (iii) Program management for project design and implementation. The program will reinforce the operational capacity of the Angolan power distribution utility (ENDE) while increasing the wheeling capacity of the transmission system countrywide. The programme will help to: (i) reduce dependence on fossil fuels and lower the costs of electricity generation; and (ii) improve the reliability of national power systems and better cope with peak loads. The existing customer base of 1.374 million customers will benefit from more reliable and efficient service. The southern provinces of the country, most affected by the war, are supplied with electricity by systems operated in isolation and fuelled by expensive diesel fuel when the hydroelectric capacity of the northern power grid is not only in excess, but at low cost. ESEEP I intends to address this anomaly. The country would also have the opportunity to replace existing expensive thermal power plants and thereby reduce the cost of electricity generation.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

U.A 338,071,023.09


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Name MANDAGO Stella
Email s.mandago@afdb.org

Implementing Agency:
MINISTRY OF ENERGY AND WATER National Directorate of Water

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.

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