• Madagascar
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
Bank Risk Rating
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
Dec 11, 2020
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.
Government of Madagascar
The holder of the loan, grant, or other investment.
  • Energy
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, etc.
Investment Amount (USD)
$ 42.90 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Aug 24, 2021

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Project Description

According to bank provided information, the Power Transmission Network Reinforcement and Interconnection Project in Madagascar Phase 2 (PRIRTEM-II) will help to reduce the power deficit of the Antananarivo interconnected network (RIA) through the integration of new power plants, including Sahofika with a capacity of 192 MW and an output of nearly 1,500 GWh per year. Indeed, Madagascar has a huge but under-developed renewable energy potential. Less than 3% of the country’s hydropower potential (7,800 MW) is untapped. The project comprises: (i) the construction of a 135 km, 220 kV double-circuit interconnection line, with a capacity of 300 MW, between the Tana Sud 3 (TS3) and Vinaninkarena substations, via the Antanifotsy substation; (ii) the construction of the TS3 220/90/20 kV and Vinaninkarena 220/63/20 kV transformer substations; and (iii) the electrification of 19 villages in the Soanindrariny, Ambohidranandriana, Ambatomena and Ambohimiarivo municipal councils, representing 1,000 households. The expected outcomes of this investment operation are as follows: (i) increase in the coverage of the country's interconnected power grid; (ii) integration of major hydropower production facilities, in particular the future Sahofika power plant (192 MW); (iii) reduction of the harmful effects of fossil fuel-based power production on the environment; (iv) improved electricity access to the country and especially in the project area; and (v) job creation, knowledge transfer and capacity building for the power sector staff and particularly JIRAMA employees. The project is estimated to cost UA 83.982 million and will be implemented over 60 months (2021-2025).

Investment Description

UAC 30,000,000

Contact Information



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