| Financier | Commitments |
|---|---|
| IDA Guarantee | 280.00 |
Cote d'Ivoire: CI-ENERGIES Guarantee Project
Abstract*
The development objective of CI-Energies Guarantee Project for Côte d'Ivoire is to refinance the short-term liabilities of CI-ENERGIES to improve the electricity sectors’ financial performance and its ability to attract investments to support the shift towards cleaner energy. The project is composed of an IDA Guarantee or equivalent in West African CFA franc (CFAF) that will support CI-ENERGIES in raising equivalent amount in long-term commercial... Show More
Development Objective
The proposed development objective is to improve the electricity sectorâ??s fina ncial performance by refinancing the short-term liabilities of CI-ENERGIES.
Key Details
Project Details
P164145
Closed
Arnaud Braud , Patrice Caporossi, Vincent Launay
Government of Cote d'Ivoire
March 1, 2018
(as of board presentation)
June 29, 2018
N/A
US$ 280.00 million
CI-Energies
2018
US$ 0.00 million
N/A
December 19, 2024
September 30, 2022
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 280.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 29, 2018 | IDA-G2610 | Loan Commitment | 280,000,000.00 |
| Apr 29, 2019 | IDA-G2610 | Loan Cancel | 66,921,000.00 |
| May 22, 2019 | IDA-G2610 | Int Charges | 14,022,114.00 |
| May 22, 2019 | IDA-G2610 | Fee Charges | 14,022,114.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2022-05-19 |
| Overall Implementation Progress (IP) | Satisfactory | 2022-05-19 |
| Progress towards achievement of PDO | Satisfactory | 2022-05-19 |
| Procurement | Satisfactory | 2022-05-19 |
| Project Management | Satisfactory | 2022-05-19 |
| Financial Management | Satisfactory | 2022-05-19 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Private capital mobilized (EUR million) Value 0.00 445.00 400.00 Date December 31, 2017 May 10, 2022 September 30, 2022 Comment Debt service coverage (ratio) Value 0.00 1.79 1.10 Date December 31, 2017 December 31, 2021 September 30, 2022 Comment Category B costs coverage (ratio) Value 1.03 1.15 1.10 Date December 31, 2017 December 31, 2021 September 30, 2022 Comment EBITDA (CFAF) Value 9.80 58.30 109.00 Date December 31, 2017 December 31, 2021 September 30, 2022 Comment Capital indirectly leveraged from private sector investments in electricity generation from cleaner energy sources (US$, million) Value 0.00 629.00 800.00 Date December 31, 2017 May 10, 2022 September 30, 2022 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Billing to collection ratio of public entities Value 80.00 94.00 92.00 Date December 31, 2017 December 31, 2021 September 30, 2022 Comment Billing to collection ratio of export clients Value 64.00 185.00 92.00 Date December 31, 2017 December 31, 2021 September 30, 2022 Comment Total electricity losses Value 21.00 17.46 14.00 Date December 31, 2017 December 31, 2020 September 30, 2022 Comment