WBG: (i) Double annual lending to $ 2 billion and aim to mobilize another $ 2 billion in co-financing,
(ii) Support to Southern Africa, West Africa, Central Africa and East Africa Power Pools in the order of $ 500 million per year,
(iii) IFC to finance 15 + Public Private Partnership (PPP) in power sector FY 2008-2011, estimated financing of ＄400-500 million

Yokohama Action Plan

[1] Strengthen cooperation to provide a stable power supply for the whole region, and to build capacity to manage and maintain regional power networks.

Proposed Measures by Japan/Implementing Partners

● Support development/expansion of power projects and transmission and distribution networks

Potential Resources, Possible Contributions

WBG: (i) Double annual lending to $ 2 billion and aim to mobilize another $ 2 billion in co-financing,
(ii) Support to Southern Africa Power Pool, West Africa Power Pool, Central Africa Power Pool and East Africa Power Pool in the order of $ 500 million per year,
(iii) IFC to finance 15 + Public Private Partnership (PPP) in power sector FY 2008-2011, estimated financing of ＄400-500 million

Implementing Partners

GoJ/WBG/AfDB/Africa-EU Partnership on Energy/ICA/JICA

Related Links

AfDB: $ 5.5 billion for power generation, transmission and distribution
GoJ/WBG/AfDB/ICA: Use the ICA as a platform to promote regional infrastructure development
EU: ca. € 300 million

Current Status of Implementation 2009

(i) Lending

Country

Sub-Saharan Africa/Southern Africa/Western Africa/Egypt/Tunisia/Africa

Status

Scale-up of lending on-going.
Sub-Saharan Africa: energy lending $1.5 billion.
Regional:
Southern Africa Power Pool (Democratic Republic of Congo, Zambia) $180 million.
West Africa Power Pool (Senegal, Mali, Mauritania)-- $80 million.
Countries:
Egypt -- Ain Sokna Power, $600 million.
Tunisia -- Energy Efficiency, $55 million.

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Budget

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(ii) Support to Power Pools

Country

Africa

Status

On target. Total support to regional power pools corresponds to $1.2 billion already committed and $1 billion pipeline. IFC and MIGA are identifying private investors for power sector PPPs. In collaboration with the World Bank and IFC, MIGA to consider insuring PPP power projects in 2009-2012. The WBG is also supporting the lighting Africa Initiative to increase access to affordable sustainable lighting

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Budget

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(iii) IFC financing

Country

Uganda ($ 25 million), Rwanda ($ 4 million)

Status

$ 29 million

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Budget

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Current Status of Implementation 2008

(i) Lending

Country

Africa

Status

World Bank lending to the energy sector in Sub Saharan Africa increased to reach more than US$1 billion in FY2008.

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Budget

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(ii) Support to Power Pools

Country

Africa

Status

Proposed support to various regional power pools is on track and is being prepared in collaboration with other partners.

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Budget

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(iii) IFC financing

Country

Nigeria ($ 4million), Djibouti ($ 4 million)

Status

$ 8 million

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Budget

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