• Cameroon
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
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 14, 2018
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.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 73.78 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.
Project Cost (USD)
$ 567.58 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 Apr 3, 2020

Disclosed by Bank Jun 1, 2019

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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.

Madagascar has one of the lowest electricity service ratios in the world, with most of the island’s population using wood as a source of energy. Electricity generation is largely dependent upon fossil fuels, and the Government has therefore identified increasing hydro-electric generation as one of the country’s priorities and private sector involvement as an avenue to do so without increasing the country already overwhelming debt.

The Project comprises a principal dam on the Onive, a reservoir, an underground gallery followed by a penstock down to the hydropower plant located downstream.

Objective: To provide energy from an inexpensive and renewable source for the Antsirabé - Antananarivo grid. The annual average production will be 1570 GWh.
Location of Project: Will be located on the Onive River and will have an installed capacity of 192 MW, of which 130 MW will be 99% guaranteed.
Project footprint: The Project is located at a distance of about 100 km from Antananarivo, Madagascar capital city, and 40 km from Antsirabe. Two administrative districts (Antanifotsy and Ambatolampy districts, both in Vakinankaratra region) are affected by the dam and reservoir. The Fokontany (communities) of Antenina and Befortaka are most affected while the Commune of Tsinjoarivo contains Ankazomena and Antandrokomby Fokontany, which are marginally affected by the reservoir.
The total population of the four fokontany that are affected by the dam and reservoir is estimated around 5 760 people, 2 062 of whom will be affected by the Project.

(Source: Taken from disclosure of attached documents - RAP and ESIA).

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

Total cost: 786500000
Currency: UAC

Source(s) of financing
AfDB: 102245467.8
Cofinanced: 29493884.93

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.

Task Manager: JALARD Matthieu Benoit, PESR2 / no contact details provided at the time of disclosure


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,,, and/or You can learn more about the IRM and how to file a complaint at

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