Bankable Projects in Energy in Africa

Transcription

1 Bankable Projects in Energy in Africa By Karine M BENGUE-MAINGE, Partnership Specialist NEPAD-IPPF NEPAD-IPPF I Business Opportunities Seminar with MDB September 2017 I Montreal & Halifax - Canada

2 CONTENT I Light up and power Africa III Energy Projects II Different Funds to Support Energy Projects IV Working with AfDB as Partner

3 I. Light up and power Africa NEPAD-IPPF I

4 Light up and power Africa: Realizing Africa's energy potential will bridge the continent's energy deficit SOURCE: AFDB, 2017 Financial Presentation, Ahmedabad

5 BOLD ACTIONS TO LIGHT UP AND POWER AFRICA SOURCE: AFDB, 2017 Financial Presentation, Ahmedabad

6 BOLD ACTIONS TO LIGHT UP AND POWER AFRICA 2016 Approved projects spread across 22 countries SOURCE: AFDB, 2017 Financial Presentation, Ahmedabad

7 II. Different Funds to support Energy Projects NEPAD-IPPF I

8 TRUST FUNDS HOTED BY AFDB AVAILABLE TO SUPPORT ENERGY AND CLIMATE CHANGE TRUST FUNDS SECTORS ACTIVITES NEPAD-Infrastructre Project Preparation Facility (NEPAD-IPPF) ICT Transport Energy Water Regional Project identification Feasability studies Socio-environmental impact s studies Transaction advisory Sustainable Energy Fund For Africa (SEFA) Clim-dev Fund Renewable Energy Energy Efficiency Climate change Project preparation Contribution of equity to a Private equity fund Creation of an enabling environment for private investments in sustainable energy Generation, Wide dissemination and use of high quality climate information for development in Africa; Capacity enhancement of policy makers and policy support institution through the generation for quality analysis and evidence on climate change and its implications for Africa; Africa Climate Change Fund (ACCF) NEPAD-IPPF I Climate finance readiness Climate change Green growth mainstreaming Capacity building, Technical assistance, Co-financing climate resilient and low carbon projects and programs; Knowledge management and information sharing, analytical work related to green growth and advocacy.

9 NEPAD-IPPF NEPAD-IPPF provides expertise and grants to transform early stage projects into bankable projects and viable investment opportunities. NEPAD-IPPF supports the development of regional and continental infrastructure projects with grants to African governments, Regional Economic Communities (RECs) and African infrastructure-related institutions (Power Pools, etc) to prepare high-quality bankable regional projects in the following sectors: Energy, Transboundary water resources, Transport and ICT. Contact: Shem SIMUYEMBA NEPAD-IPPF Coordinator

10 NEPAD-IPPF Projects IPPF Grant (USD) Financing Raised (USD) Downstream Financiers Benin-Togo-Ghana Electricity Interconnection $500,000 $127,100,000 AfDB, KfW, World Bank/IDA, IsDB, BOAD (Banque Ouest Africaine de Developpement), Volta River Authority, Communite Electrique du Benin, KfW Zambia-Tanzania-Kenya Electricity Interconnection Gambia River Basin Organization (OMVG) Electricity (Kaleta) $500,000 $309,260,000 AfDB, JICA, Governments of Kenya and Tanzania $500,000 $711,000,000 AfDB, World Bank/IDA,EIB, AFD & French MOFA, IsDB, KfW, West African, Development Bank, Kuwait Fund, OMVG Ethiopia-Kenya Power I Ethiopia Kenya Power II $500,000 $990,000 $1,260,000,000 AfDB, World Bank, AFD, Governments of Ethiopia and Kenya Ghana-Burkina Faso Power Interconnection Kariba North Bank Hydropower Generation Ithezi-Thezi Hydropower Generation $488,690 $100,700,000 World Bank, EIB, AFD, Governments of Ghana and Burkina Faso $600,000 $430,000,000 China ExIm Bank, DBSA, ZESCO $462,765 $350,210,000 Ethiopia GIBE III Hydropower $300,808 $1,621,000,000 AfDB, EIB, DBSA, FMO, AFD, Proparco, India ExIm, ZESCO, TATA Industrial & Commercial Bank of China, Government of Ethiopia Ruzizi III Regional Hydro $1,416,980 $625,190,000 AfDB ($138 M public sector window, $50.22 M private sector window), other financiers to be confirmed Total energy project $6,259,243 $5,534,460,000

11 Sustainable Energy Fund For Africa (SEFA) Objective: to support sustainable private-sector led economic growth in African countries through the efficient utilization of presently untapped clean energy resources. Three financing windows: project preparation, equity investments and enabling environment support. Contact: João Duarte Cunha - SEFA Coordinator - j.cunha@afdb.org

12 Clim-dev Fund Objective of the CDSF is to strengthen the institutional capacities of national and subregional bodies to formulate and implement effective climate-sensitive policies. Areas of Focus / Sub-Sectors The ClimDev-Africa Programme Special Fund (CDSF) supports operations in the following three main areas: Generation and wide dissemination of reliable and high quality climate information in Africa; Capacity enhancement of policy makers and policy support institutions to integrate climate change information into development programs; and Implementation of pilot adaptation practices that demonstrate the value of mainstreaming climate information into development. Contact: Joseph Kabyemera Coordinator - CDSF : j.kabyemera@afdb.org

13 Africa Climate Change Fund (ACCF) Area of Intervention : Climate finance readiness Climate change Green growth mainstreaming Activities: Capacity building, Technical assistance, Co-financing climate resilient and low carbon projects and programs; Knowledge management and information sharing, Analytical work related to green growth and advocacy. Contact: Louise Brown Senior Climate Change Officer - ACCF : l.brown@afdb.org

14 The AfDB is also an implementing agency of the Climate Investment Funds (CIF) The CIF provides developing countries with grants, concessional loans, risk mitigation instruments, and equity that leverage significant financing from the private sector, multilateral development banks, (MDBs) and other sources. The Climate Investment Funds include four key programs: Clean Technology Fund (CTF) Forest Investment Program (FIP) Pilot Program Climate Resilience (PPCR) Scaling Up Renewable Energy Program (SREP) Contact: Environment and Climate Change Division Manager and CIF Coordinator: Kurt Lonsway, / AfDB FIP and PPCR Coordinator: Gareth Phillips, / AfDB CTF and SREP Coordinator: Joao Duarte Cunha, j.cunha@afdb.org

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17 NEPAD-IPPF I III. Energy Projects

18 ENERGY PROJECTS APPROVED BY AfDB IN 2016 USD 134 million for Phase II of the transformative Kenya Last Mile Connectivity Project, which will entail providing 300,000 new connections. USD 150 million for Côte d Ivoire Power Transmission and Distribution Networks Reinforcement Project, which will construct over 3,000km of transmission and distribution lines and connect 20,000 households. Segou Solar IPP in Mali, which entails the design, construction and operation of a 33 MW solar PV power plant. Approval of a USD 500 million Debt Facility for Energy Inclusion with an initial Bank contribution of USD 100 million to focus on small scale independent power producers, off-grid and mini-grids. Nigeria-Benin Power Interconnection Re-enforcement Project Mozambique-Zambia Power Interconnection Project Kolwezi (DRC) Solwezi (Zambia) Power Interconnector Mozambique-Zambia Power Interconnector

19 ENERGY PROJECTS IN NEPAD-IPPF PIPELINE POWER GENERATION 2400MW Batoka Gorge Hydropower project (Zimbabwe and Zambia) POWER TRANSMISSION ZIZABONA Power Interconnector (Zimbabwe, Zambia, Botswana, Namibia) Uganda-South Sudan Power Interconnection Project Mozambique-Malawi Interconnector Zambia-Malawi Interconnection SOLAR PROJECTS Regional Solar Park in Burkina Faso (Generation of MW Solar PV Plant)

20 IV. WORKING WITH AfDB AS PARTNER NEPAD-IPPF I

21 Co-financing for project preparation to make projects bankable Public sponsors Private sponsors Co-financing for project investment Financial Close Implementation Preparation Strategy to support African countries at National & regional level Assistance for policy and regulatory reforms Capacity building Partnership for Skills & Technology Transfer (Industry attachment, business linkages, investment in Africa by Canadian companies). NEPAD-IPPF I

22 THANK YOU Karine M BENGUE-MAINGE k.m bengue-mainge@afdb.org