Additional Financing for SAPP AREP Program - MDTF (WB-P163545)

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
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
Mar 26, 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
Southern African Power Pool
The holder of the loan, grant, or other investment.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 8.50 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 Apr 17, 2019

Disclosed by Bank Feb 1, 2019


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Project Description

According to bank documnets, the project objective is to advance the preparation of selected priority regional energy projects in the Southern African Power Pool participating countries.

The project has three components:

  1. Projects Acceleration Team. This component finances the establishment of the Project Advisory Unit, or PAU that spearheads the preparation of the regional projects covering all the key functions (including technical and financial analysis; legal and transaction advice; environmental and social management; procurement; financial management; etc.). As part of its functions, PAU assesses and adjusts to the type of role it needs to play on a specific project, which may range from taking the lead on selected or all preparation activities to providing support to the concerned agencies and ensuring that preparation effectively serves the needs of project stakeholders.
  2. Project Preparation Funds. This component finances project preparation support activities, including technical, economic and financial feasibility studies; environmental and social assessments; preparation of legal documentation and financial transaction advisory services, especially related to commercial negotiations; stakeholder consultations. etc. Depending on the stage of the process, the funds are used independently or jointly with the funds of a project sponsor to advance project preparation.
  3. Regional Analytical Studies and Capacity Building. The funds in this component are to allow SAPP to engage with its members on regional planning issues and to support critical analytical work for advancing preparation of critical projects, including building a solid knowledge base for investment decisions and helping ensure long-term sustainability of investments. A key task is the preparation of the regional electricity master plan (SAPP Pool Plan) with a view to adjust investment decisions to the changing conditions of the regional power market and identify projects that remain high priority under all likely circumstances. Outputs of such studies and technical assistance activities are provided to the SADC Secretariat as part of the information flow to SADC Ministers with a view to informing policy decisions
Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Contact:Mirlan Aldayarov
Title:Senior Energy Specialist

Contact:Arsh Sharma
Title:Financial Analyst

Borrower:
SAPP

Implementing Agencies
SAPP Coordination Center

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.