Regional Off-Grid Electrification Project (WB-P160708)

Regions
  • Africa
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
Proposed
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
Mar 28, 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
ECOWAS Center for Renewable Energy and Energy Efficiency (ECREEE), West African Development Bank (BO
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 Amount (USD)
$ 150.00 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)
$ 333.70 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 Feb 27, 2019

Disclosed by Bank Apr 4, 2017


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Project Description

Regional Off-Grid Electrification Project (ROGEP) is designed as a robust and integrated regional program based on series of projects (SOP) placing Renewable Energy and Energy Access at the heart of the development of a sustainable ecosystem with a strong transformational potential. The ROGEP SOP includes interventions that need to be implemented at regional and country levels. The ROGEP SOP1 focuses on key regional interventions to develop a regional platform—on which the subsequent projects would be implemented. The ROGEP SOP1 will focus on supporting and developing viable business ecosystems in the project countries through a regional-level initiative. The main ROGEP SOP1 components are (a) Developing a regional stand-alone solar system market and (b) Providing access to finance for stand-alone solar system businesses.

Investment Description
  • World Bank (WB)
Contact Information

ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE)
Mr. Mahama Kappiah
Executive Director
mkappiah@ecreee.org

West African Development Bank (BOAD)
Mr. Toussaint Badolo
Deputy Director of Enterprises and Financial Institutions
tbadolo@boad.org

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.