West Africa Regional Energy Trade Development Policy Financing Program

Abstract*

The Development Policy Financing (DPF), in the form of an International Development Association (IDA) credit of US172.5 million dollars equivalent and IDA grant of US127.5 million dollars equivalent, is the first in a series of two programmatic single-tranche DPFs with the objective of sustainably increasing regional electricity trade in the six participating countries, with spillover effects for all member countries of the Economic Community of West... Show More

Development Objective

To increase energy security, reduce vulnerability to international oil price fluctuations and reduce the fiscal burden of the electricity sector through increased energy trade in the six participating countries.

Key Details

Project Details

Project ID
P171225
Status
Closed
Team Leader
Mustafa Hussain
Borrower 2
Cote d'Ivoire, Sierra Leone, Liberia, Burkina Faso, Guinea, Mali

Country
Western and Central Africa
Disclosure Date
January 2, 2020
Approval Date
(as of board presentation)
July 28, 2020
Effective Date
February 19, 2021

Total Project Cost 1
US$ 0.00 million
Implementing Agency
Cote d'Ivoire,Burkina Faso,Sierra Leone,Liberia,Mali,Guinea
Region
Western and Central Africa
Fiscal Year 3
2021

Commitment Amount
US$ 300.00 million
Environmental Category
N/A
Last Update Date
October 3, 2023
Closing Date
June 30, 2021

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change43%
- FY17 - Mitigation43%
FY17 - Energy100%
- FY17 - Access to Energy20%
- FY17 - Energy Efficiency20%
- FY17 - Energy Policies & Reform100%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	172.50
IDA Grant	127.50

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	300.00
IBRD + IDA Commitment	300.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 17, 2021	IDA-67200	Int Charges	117,090.16
Nov 17, 2021	IDA-67200	Int Charges	117,090.16
Nov 17, 2021	IDA-67200	Int Charges	24,742.94
Nov 17, 2021	IDA-67200	Int Charges	24,742.94
Sep 23, 2021	IDA-67420	Int Charges	116,536.20
Sep 23, 2021	IDA-67420	Int Charges	116,536.20
Aug 1, 2021	IDA-67430	Int Charges	41,077.14
Aug 1, 2021	IDA-67430	Int Charges	41,077.14
Jun 15, 2022	IDA-67390	Int Charges	455.55
Jun 15, 2022	IDA-67390	Int Charges	455.55
Jun 15, 2022	IDA-67390	Int Charges	105,679.76
Jun 15, 2022	IDA-67390	Int Charges	105,679.76
Jul 12, 2022	IDA-67200	Int Charges	100.20
Jul 12, 2022	IDA-67200	Int Charges	100.20
Jul 12, 2022	IDA-67200	Int Charges	103,606.80
Jul 12, 2022	IDA-67200	Int Charges	103,606.80
Dec 6, 2021	IDA-67400	Int Charges	163,368.62
Dec 6, 2021	IDA-67400	Int Charges	266,361.84
Dec 6, 2021	IDA-67400	Int Charges	266,361.84
Mar 15, 2022	IDA-67420	Int Charges	482.85
Mar 15, 2022	IDA-67420	Int Charges	482.85
Mar 15, 2022	IDA-67420	Int Charges	112,794.63
Mar 15, 2022	IDA-67420	Int Charges	112,794.63
Jun 1, 2022	IDA-67400	Int Charges	252,799.03
Jun 1, 2022	IDA-67400	Int Charges	155,050.10
Dec 15, 2021	IDA-67390	Int Charges	114,108.75
Dec 15, 2021	IDA-67390	Int Charges	114,108.75
Feb 1, 2022	IDA-67430	Int Charges	47,762.16
Feb 1, 2022	IDA-67430	Int Charges	47,762.16
Feb 1, 2022	IDA-67430	Int Charges	467.46
Feb 1, 2022	IDA-67430	Int Charges	467.46
Nov 17, 2022	IDA-67200	Int Charges	106,982.81
Nov 17, 2022	IDA-67200	Int Charges	106,982.81
Nov 17, 2022	IDA-67200	Int Charges	103.47
Nov 17, 2022	IDA-67200	Int Charges	103.47
Dec 15, 2022	IDA-67390	Int Charges	107,573.06
Dec 15, 2022	IDA-67390	Int Charges	107,573.06
Sep 15, 2022	IDA-67420	Int Charges	2,346.30
Sep 15, 2022	IDA-67420	Int Charges	2,346.30
Sep 16, 2022	IDA-67420	Int Charges	103,938.75
Sep 16, 2022	IDA-67420	Int Charges	103,938.75
Dec 1, 2022	IDA-67400	Int Charges	246,194.53
Dec 1, 2022	IDA-67400	Int Charges	246,194.53
Dec 1, 2022	IDA-67400	Int Charges	150,999.33
Feb 1, 2023	IDA-67430	Int Charges	863.86
Feb 1, 2023	IDA-67430	Int Charges	863.86
Mar 15, 2023	IDA-67420	Int Charges	108,086.05
Mar 1, 2021	IDA-D6930	Loan Disb	13,217,732.00
Mar 1, 2021	IDA-67430	Loan Disb	13,217,732.00
Mar 3, 2021	IDA-67400	Loan Disb	75,869,984.00
Feb 25, 2021	IDA-D6940	Loan Disb	26,473,696.00
Apr 7, 2021	IDA-D6860	Loan Disb	31,348,900.00
Mar 11, 2021	IDA-D6910	Loan Disb	31,352,260.00
Mar 5, 2021	IDA-D6920	Loan Disb	31,292,034.00
Mar 5, 2021	IDA-67420	Loan Disb	31,292,034.00
Mar 11, 2021	IDA-67390	Loan Disb	32,302,800.00
Apr 7, 2021	IDA-67200	Loan Disb	32,821,920.00
Jun 1, 2021	IDA-67400	Int Charges	140,951.56
Jun 1, 2021	IDA-67400	Int Charges	140,951.56
Jun 1, 2021	IDA-67400	Int Charges	86,450.30
Jun 15, 2021	IDA-67390	Int Charges	64,071.28
Jun 15, 2021	IDA-67390	Int Charges	64,071.28
Sep 23, 2021	IDA-67420	Int Charges	6,474.23
Sep 23, 2021	IDA-67420	Int Charges	6,474.23
Feb 15, 2024	IDA-67430	Int Charges	81.80
Feb 15, 2024	IDA-67430	Int Charges	81.80
Feb 15, 2024	IDA-67430	Int Charges	45,637.29
Feb 15, 2024	IDA-67430	Int Charges	45,637.29
Jun 15, 2024	IDA-67390	Int Charges	108,317.25
Jun 15, 2024	IDA-67390	Int Charges	108,317.25
Jun 1, 2024	IDA-67400	Int Charges	255,924.38
Jun 1, 2024	IDA-67400	Int Charges	255,924.38
Jun 1, 2024	IDA-67400	Int Charges	156,966.97
Jul 28, 2020	IDA-D6860	Loan Commitment	30,000,000.00
Jul 28, 2020	IDA-67200	Loan Commitment	30,000,000.00
Jul 28, 2020	IDA-67390	Loan Commitment	30,000,000.00
Jul 28, 2020	IDA-67400	Loan Commitment	70,000,000.00
Jul 28, 2020	IDA-67420	Loan Commitment	30,000,000.00
Jul 28, 2020	IDA-67430	Loan Commitment	12,500,000.00
Jul 28, 2020	IDA-D6910	Loan Commitment	30,000,000.00
Jul 28, 2020	IDA-D6920	Loan Commitment	30,000,000.00
Jul 28, 2020	IDA-D6930	Loan Commitment	12,500,000.00
Jul 28, 2020	IDA-D6940	Loan Commitment	25,000,000.00
Jun 10, 2024	IDA-67200	Int Charges	107.37
Jun 10, 2024	IDA-67200	Int Charges	107.37
Jun 10, 2024	IDA-67200	Int Charges	111,020.58
Jun 10, 2024	IDA-67200	Int Charges	111,020.58
Mar 29, 2024	IDA-67420	Int Charges	105,645.75
Mar 29, 2024	IDA-67420	Int Charges	105,645.75
Aug 1, 2024	IDA-67430	Int Charges	326.27
Aug 1, 2024	IDA-67430	Int Charges	326.27
Aug 22, 2024	IDA-67430	Int Charges	45,335.85
Aug 22, 2024	IDA-67430	Int Charges	45,335.85
Mar 15, 2024	IDA-67420	Int Charges	3,109.49
Mar 15, 2024	IDA-67420	Int Charges	3,109.49
Mar 15, 2023	IDA-67420	Int Charges	108,086.05
Mar 15, 2023	IDA-67420	Int Charges	1,242.03
Mar 15, 2023	IDA-67420	Int Charges	1,242.03
Feb 23, 2023	IDA-67430	Int Charges	44,705.81
Feb 23, 2023	IDA-67430	Int Charges	44,705.81
Aug 15, 2023	IDA-67430	Int Charges	351.89
Aug 15, 2023	IDA-67430	Int Charges	351.89
Aug 15, 2023	IDA-67430	Int Charges	45,883.68
Aug 15, 2023	IDA-67430	Int Charges	45,883.68
Jun 8, 2023	IDA-67400	Int Charges	253,093.88
Jun 8, 2023	IDA-67400	Int Charges	253,093.88
Jun 8, 2023	IDA-67400	Int Charges	155,230.94
Sep 15, 2023	IDA-67420	Int Charges	1,410.09
Sep 15, 2023	IDA-67420	Int Charges	1,410.09
Jun 5, 2023	IDA-67200	Int Charges	110,565.62
Jun 5, 2023	IDA-67200	Int Charges	106.93
Jun 5, 2023	IDA-67200	Int Charges	106.93
Jun 5, 2023	IDA-67200	Int Charges	110,565.62
Jun 15, 2023	IDA-67390	Int Charges	109,775.25
Jun 15, 2023	IDA-67390	Int Charges	109,775.25
Sep 21, 2023	IDA-67420	Int Charges	106,719.57
Sep 21, 2023	IDA-67420	Int Charges	106,719.57
Dec 15, 2023	IDA-67400	Int Charges	258,731.30
Dec 15, 2023	IDA-67400	Int Charges	258,731.30
Dec 15, 2023	IDA-67400	Int Charges	158,688.55
Dec 27, 2023	IDA-67390	Int Charges	111,972.38
Dec 27, 2023	IDA-67390	Int Charges	111,972.38
Dec 27, 2023	IDA-67200	Int Charges	110.59
Dec 27, 2023	IDA-67200	Int Charges	110.59
Dec 27, 2023	IDA-67200	Int Charges	114,350.06
Dec 27, 2023	IDA-67200	Int Charges	114,350.06
Jun 1, 2022	IDA-67400	Int Charges	252,799.03
Aug 2, 2022	IDA-67430	Int Charges	45,628.35
Aug 2, 2022	IDA-67430	Int Charges	45,628.35
Aug 1, 2022	IDA-67430	Int Charges	53.12
Aug 1, 2022	IDA-67430	Int Charges	53.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2021-06-29
Overall Implementation Progress (IP)	Satisfactory	2021-06-29
Program Management	Satisfactory	2021-06-29
Monitoring and Evaluation	Satisfactory	2021-06-29

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Utility cost-recovery rate, excluding operational subsidies Value 67.00 70.00 75.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Number of import-export contracts that incorporate the enhanced principles Value 0.00 0.00 5.00
Date December 31, 2019 June 24, 2021 December 31, 2022
Comment
Arrears from import-export contracts among the DPF participating countries Value 92000000.00 90000000.00 30000000.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Bill collection rate from public institutions (including SOEs) Value 77.00 60.00 90.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Number of importing countries (Burkina, Mali, Liberia, Sierra Leone) with a diverse supply of electricity (HHI) Value 2.00 2.00 4.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Utility level policy adopted to increase gender diversity in employment in energy sector (number of countries) Value 0.00 5.00 3.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Percentage of oil-fired generation in the generation mix for the six countries Value 18.00 14.90 10.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Average cost of supply in importing countries: Burkina Faso, Guinea, Mali, Liberia, Sierra Leone (USc/kWh) Value 18.50 18.00 16.50
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Renewable energy generation in the region (6 countries) Value 6145.00 6244.00 8000.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment
Number of countries where regulatory frameworks are harmonized with ERERA's regional requirements Value 0.00 6.00 6.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment

Number of utilities that submit annual report informing on financial sustainability to ERERA for compilation and reporting	Value	0.00	2.00	6.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Amount of gross electricity imports to the DPF participant countries Value 1817.00 2006.00 2800.00
Date December 31, 2019 December 31, 2020 December 31, 2022
Comment

Utility cost-recovery rate, excluding operational subsidies	Value	67.00	70.00	75.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Arrears from import-export contracts among the DPF participating countries	Value	92000000.00	90000000.00	30000000.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Bill collection rate from public institutions (including SOEs)	Value	77.00	60.00	90.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Percentage of oil-fired generation in the generation mix for the six countries	Value	18.00	14.90	10.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Average cost of supply in importing countries: Burkina Faso, Guinea, Mali, Liberia, Sierra Leone (USc/kWh)	Value	18.50	18.00	16.50
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Renewable energy generation in the region (6 countries)	Value	6145.00	6244.00	8000.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

Amount of gross electricity imports to the DPF participant countries	Value	1817.00	2006.00	2800.00
	Date	December 31, 2019	December 31, 2020	December 31, 2022
	Comment

West Africa Regional Energy Trade Development Policy Financing Program

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

Detailed Financial Activity as of February 28, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS