MULTINATIONAL - Regional Harmonization of Regulatory Frameworks and Tools for Improved Electricity Regulation in COMESA (AFDB-P-Z1-FA0-186)

  • Africa
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Financial Institutions
  • African Development Bank (AFDB)
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Project Status
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Voting Date
Jul 15, 2021
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.
COMESA Secretariat
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.57 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.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 28, 2022

Disclosed by Bank Sep 30, 2021

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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.

Accrding to bank provided information the Regional Harmonization of Regulatory Frameworks and Tools for Improved Electricity Regulation in COMESA is a regional initiative designed to enhance the sustainability of the electricity sector of the region through effective, uniform, transparent and enforceable regulatory frameworks that set out clear principles, rules, processes and standards for the COMESA region. The specific objective is to harmonise and align regulatory frameworks to facilitate electricity exchanges among COMESA member countries. A combination of studies, capacity building and development of tools will be undertaken to realise these main objectives. The project comprises four components: (i) Elaboration and Adoption of Regional Electricity Regulatory Principles (RERP) and Key Performance Indicators for COMESA; (ii) Elaboration and Adoption of Regional Utility Key Performance Indicators (UKPI) for COMESA; (iii) Harmonised Comparison of Electricity Tariffs (HCET) and Cost Reflectivity Assessment Framework Tool (CRAFT); (iv) Development of Information and Database Management System (IDBMS). A final component will cover Program Management which will be co-financed with the COMESA Secretariat. The project is designed as a three-year programme and will be financed from ADF Grant Resources. The project budget net of taxes and duties is UA 1,100,000.

The objective of the program is to enhance the sustainability of the electricity sector of the region through effective, uniform, transparent and enforceable regulatory frameworks that set out clear principles, rules, processes and standards for sector stakeholders through a combination of studies and capacity building that will enhance electricity trade within the region.

The project is actually targeted at ADF countries in COMESA, however, the outputs of the project will be available to all member countries of the region for use. As a harmonisation project, the involvement of the other countries will add value to the components and studies particularly relating the comparative studies and assessments. Similar project components are being implemented for the SADC Technical Asisstance project, hence SADC countries who are also in COMESA have been excluded from the COMESA project. With that exclusion, thirteen countries in COMESA and the East African Power Pool are covered in this Project, out of which nine are ADF Countries.

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

U.A 1,100,000

Contact Information
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Name SARPONG Solomon


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