Multinational - Capacity Building for The Operationalization of the Eastern Africa Power Pool (EAPP) Regional Power Market Trade Project (AFDB-P-Z1-F00-107)

Regions
  • Africa
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
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
Oct 24, 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
Eastern Africa Power Pool
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.97 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 Sep 11, 2020


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Project Description

According to bank documents, the present intervention concerns the Capacity Building for The Operationalization of the Eastern Africa Power Pool (EAPP) Regional Power Market Trade Project. The project aims to provide support to EAPP to establish the regional power market trade in Eastern Africa, thereby improving access to reliable, clean and affordable electricity in the Region. The key expected output is finalization of shadow market operations, i.e. power market modelling and simulation of the existing bilateral trade, which is a final step in the transition to real market trade. Shadow market operations will provide sound data on which to base market design and identify regulatory bottlenecks to inform responses. The Project will also support the harmonization of regulatory framework for power trading, such as wheeling arrangements to facilitate cross-country power trade. The second output is the full establishment of the EAPP Market Committee (MC), with capacity in regional power market development. The project has two main components, namely: (i) capacity building for market readiness and (ii) project management.

The project's objective is to enhance the capacity for commercial reediness as a last step towards real power market trading.

Investment Description
  • African Development Bank (AFDB)
Contact Information

KANYIMBO Patrick
p.kanyimbo@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/