CLIMATE CHANGE ADAPTATION FOR SUSTAINABLE RURAL WATER SUPPLY IN LOWLANDS LESOTHO (AFDB-P-LS-E00-007)

Countries
  • Lesotho
Where the impacts of the investment may be experienced.
Specific Location
Maseru and Berea Rural Areas
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
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
May 30, 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
Government of Lesotho
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 7, 2020


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Project Description

According to bank provided information, the AfDB Bank Group on 3rd October 2013 approved a UA 6.52 million ADF loan and a grant of EUR 3.2 million (UA 2.61 million) from the RWSSI Trust Fund to the GoL to finance the implementation of the Lesotho: Lowlands Rural Water Supply and Sanitation Project (LLRWSSP). The loan and grant entered into force on 30th September 2014 and 15th May 2015 respectively, and effectiveness for the first disbursement was declared on 31st March 2015 for both the Loan and the Grant. The first disbursement for the grant was effected on 25th September 2015 while for the loan it was on 26th June 2017. The project was originally set for closing on 31st December 2017 while the loan and grant disbursement closing date was 30th September 2018. Subsequent to a supervision mission that concluded on 4th October 2017, the project closing date was extended by one year to 30th September 2019, and further extended to June 2020 to enable inclusion of localities within the project, that were initially excluded. The current disbursement on the Loan as at January 2019 is 51.22%, whilst that for the Grant is 37.29%. The LLRWSSP will also benefit from an additional funding commitment from the Least Developed Countries Fund (LDCF) for a financing of USD 4.42million (or about UA 3.14 million) to help with the following: i) Identifying Climate Risks and Reducing vulnerability to climate change in the water sector for communities in the project area; ii) Capacity Development for Improved Water Resources Management; iii) Awareness Raising of Local Communities on Climate Change Adaptation; and iv) Knowledge Management and Monitoring and Evaluation.

Investment Description
  • African Development Bank (AFDB)

Total cost: 3117755.94
Currency: UAC

Source(s) of financing
Cofinanced: 2205622.42

Contact Information

Task Manager: ALEOBUA Boniface Osimua Yakubu, RDGS2

Implementing Agency: GOVERNMENT OF LESOTHO MINISTRY OF FINANCE

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/.