FEASIBILITY STUDY OF A DEEP SEA PORT IN THE NORTH-WEST REGION OF THE REPUBLIC OF GUINEA (AFDB-P-Z1-DD0-021)

Countries
  • Guinea
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 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.
Borrower
GOUVERNEMENT DE GUINEE
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 1.04 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.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 26, 2020

Disclosed by Bank Jan 17, 2020

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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.

The preparatory activities for the project is to build a multipurpose deepwater port in the Northwest region of the country.
This project aims to improve the competitiveness of Guinea's mining products, in particular bauxite, and is also of vital importance for the development of West Africa due to the reinforcement of intra-community trade which will be induced.

The project feasability study is conducted to:

(i) formally identify the optimal site for the development of a deepwater port in the North-West region of Guinea;

(ii) determine the technical and economic feasibility, financial and socio-environmental of the construction of the said port; 

(iii) design and size the future port platform at APS level;

(iv) formulate recommendations with regard to managing the environmental and social impact of the planned developments.

(Source: As translated from uploaded document in disclosure "Guinée - Étude Polyvalent de faisabilité dans la Région du Projet Nord-Ouest de Construction de la Guinée - MIP")

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

Total cost: 1443900
Currency: UAC

Source(s) of financing
Cofinanced: 1443907.79


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: CODO Pamphile Stanislas, PICU3 / no contact details provided at the time of disclosure

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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