Burkina Faso AF to Electricity Sector Support Project (WB-P160344)

Countries
  • Burkina Faso
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
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
Jun 8, 2017
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
MINIST.ECONO.FINANCES ET DEVELOPPEMENT
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)
$ 80.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 81.28 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Mar 1, 2017


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Project Description
The objectives of the Electricity Sector Support Project for Burkina Faso are to contribute to: (a) increasing access to electricity; (b) improving the reliability of electricity supply; and (c) improving efficient use of energy in targeted areas. The AF will scale up and maximize the development impact of the ESSP by supporting: (a) introduction of low-cost solar resources in Burkina Faso’s energy mix; (b) reinforcement of the network to allow for integration of more intermittent solar power; and (c) technical assistance to sector entities for capacity building and transaction advisory services to develop private sector-led independent power producer (IPP) projects. The AF will scale up activities under the ESSP, particularly component one (improving the reliability of energy supply) and component four (institutional strengthening and capacity development). The project will also be restructured to provide for a closing date extension to June 30, 2021 to allow for completion of activities under the project, particularly for the proposed AF. The disbursement estimates, implementation schedule and results framework will also be revised in line with the new activities and closing date.
Investment Description
  • World Bank (WB)
Contact Information
ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.