| Financier | Commitments |
|---|---|
| EC: European Investment Bank | 47.40 |
| FRANCE: Govt. of [MOFA and AFD (C2D)] | 11.00 |
| Borrower/Recipient | 10.00 |
| EC: European Commission | 21.50 |
| IDA Grant | 100.00 |
Accelerating Sustainable and Clean Energy Access Transformation in Burundi (ASCENT Burundi)
Abstract*
The ASCENT Burundi Project will support electricity access scale up in Burundi by supporting the public utility REGIDESO in expanding its MV/LV networks, strengthening and automating the grid to improve supply quality and reliability and further strengthening the performance of REGIDESO and overall sector governance. It will also leverage private investment in grid distribution through the private utility Weza Power, Show More
Development Objective
To increase access to sustainable, reliable and affordable energy in Burundi
Key Details
Project Details
P181494
Active
Juliette Besnard , David Majambere
Republic of Burundi
April 25, 2024
(as of board presentation)
June 26, 2024
November 11, 2024
US$ 185.00 million
WEZA Power,REGIE DE PRODUCTION ET DE DISTRIBUTION D'EAU ET D'ELECTRICITÉ
2024
US$ 179.90 million
N/A
December 14, 2023
June 30, 2029
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 100.00 |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 79.90 |
| Total Project Cost** | 185.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 26, 2024 | IDA-E3480 | Loan Commitment | 100,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2024-11-09 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-11-09 |
| Project Management | Satisfactory | 2024-11-09 |
| Progress towards achievement of PDO | Satisfactory | 2024-11-09 |
| Procurement | Satisfactory | 2024-11-09 |
| Financial Management | Satisfactory | 2024-11-09 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.