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Access to Clean Resilient Electricity under the ASCENT Regional Program - Multi Programmatic Approach (MPA)

Abstract*

The objective of the Accelerating Sustainable and Clean Energy Access Transformation Program using the Multiphase Programmatic Approach Project, to which participating countries and regional institutions will contribute, is to increase access to sustainable and clean energy in Eastern and Southern African countries. There are five components to the project, the first component being Digital Monitoring, Reporting, and Verification (D-MRV) platforms...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The PDO of the proposed project is increase access to reliable electricity and facilitate integration of solar power generation in Sao Tome e Principe.

Key Details

Project Details

  • P177099

  • Active

  • Samuel Oguah , Leonardo Tshama

  • Democratic Republic of Sao Tome and Principe

  • Sao Tome and Principe

  • June 11, 2022

  • (as of board presentation)

    November 28, 2023

  • February 29, 2024

  • US$ 33.50 million

  • Ministry of Infrastructure and Natural Resources

  • Eastern and Southern Africa

  • 2024

  • US$ 60.70 million

  • N/A

  • May 22, 2023

  • December 31, 2028

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Japan Policy and Human Resources Development Fund 2.80
IDA Grant 38.00
African Development Bank 13.00
Energy Sector Management Assistance Program 6.90

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 38.00
IBRD + IDA Commitment 38.00
Lending Instrument
Grant Amount 22.70
Total Project Cost** 33.50

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Nov 28, 2023 IDA-E2590 Loan Commitment 38,000,000.00
Apr 23, 2024 IDA-E2590 Loan Disb 6,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2024-11-19
Financial Management Moderately Satisfactory 2024-11-19
Progress towards achievement of PDO Satisfactory 2024-11-19
Monitoring and Evaluation Satisfactory 2024-11-19
Overall Implementation Progress (IP) Satisfactory 2024-11-19
Project Management Satisfactory 2024-11-19

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.