SUPPLEMENTARY FINANCING : ETHIOPIA - KENYA ELECTRICITY HIGHWAY (KENYA) (AFDB-P-Z1-FA0-162)

Countries
  • Ethiopia
  • Kenya
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
Dec 14, 2018
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
KENYA ELECTRICITY TRANSMISSION CO. LTD
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)
$ 24.98 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 EUR 21,925,580
Converted using 2019-02-06 exchange rate.
Project Cost (USD)
$ 24.98 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 21,925,626
Converted using 2019-02-06 exchange rate.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 14, 2019

Disclosed by Bank Oct 2, 2018


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Project Description

No project information available at the time of disclosure

 

Investment Description
  • African Development Bank (AFDB)
Contact Information

WUBESHET ZEGEYE Alemayehu - RDGE1

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/.