| Financier | Commitments |
|---|---|
| Energy Sector Management Assistance Program | 19.00 |
| IDA Credit | 275.00 |
Accelerating Sustainable and Clean Energy Access Transformation - Regional Energy Access Financing Platform
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... Show More
Development Objective
The Project Development Objective is to accelerate access to and financing of sustainable, reliable and affordable energy in Eastern and Southern Africa.
Key Details
Project Details
P181328
Active
Johannes Exel , Dana Rysankova, Monali Ranade, Marlon Rawlins
Trade and Development Bank
Eastern and Southern Africa
October 6, 2023
(as of board presentation)
November 28, 2023
April 11, 2024
US$ 0.00 million
Trade and Development Bank
2024
US$ 294.00 million
N/A
Substantial
March 31, 2029
Yes
BANK APPROVED
July 15, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 275.00 |
| IBRD + IDA Commitment | 275.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 19.00 |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 28, 2023 | IDA-74430 | Loan Commitment | 250,000,000.00 |
| Nov 28, 2023 | IDA-74420 | Loan Commitment | 25,000,000.00 |
| May 6, 2024 | IDA-74430 | Fee Charges | 625,000.00 |
| Jul 24, 2024 | IDA-74430 | Int Charges | 261,270.48 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2024-11-24 |
| Financial Management | Satisfactory | 2024-11-24 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-11-24 |
| Procurement | Satisfactory | 2024-11-24 |
| Progress towards achievement of PDO | Satisfactory | 2024-11-24 |
| Monitoring and Evaluation | Satisfactory | 2024-11-24 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.