Cameroon - Ring Fencing of Electricity Metering Services (AFDB-P-CM-FA0-009)

Countries
  • Cameroon
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
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
Jun 26, 2019
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
AGENCE DE REGULATION DU SECTEUR DE L#ELECTRICITE (ARSEL)
The holder of the loan, grant, or other investment.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.25 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported U.A 349,622.7
Converted using 2019-06-26 exchange rate.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 15, 2020


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Project Description
<div class="well well-sm bg-blgrey"> <p class="ng-binding" align="justify">The present project relates to the Ring Fencing of Electricity Metering Services. It aims at filling the metering gap in the Cameroonian electricity industry (CEI). The project has three main components, namely: (1) Feasibility studies, (2) Drafting of regulatory texts for the deployment of smart/prepaid meters, (3) Awareness and dissemination workshop.</p> </div> <div class="well well-sm bg-blgrey"> <p class="ng-binding" align="justify">The principal objective of this Project is to address the metering gap in the Cameroonian Electric Industry (CEI) by supporting the national electricity regulator and private sector (SMEs consortium) through the provision of technical assistance to draft regulations and guidelines to further create and license new entities.</p> </div> <div class="well well-sm bg-blgrey"> <p class="ng-binding" align="justify">The main beneficiary of the project is the Electricity Sector Regulatory Agency (ARSEL). Ultimately, the project will benefit the entire population.</p> </div>
Investment Description
  • African Development Bank (AFDB)
Contact Information

fapa@afdb.org

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/.