Project Summary Note

25-Feb-2016

Project Brief - Sierra Leone - CECASL HFO Power Project

This power project provides a unique opportunity for the country to address its energy deficit using IPP solution to allow for affordable prices. It consists of the construction and operation of a 50 MW Heavy Fuel Oil (HFO) fired power plant, interconnection facilities and a 1km fuel pipeline in the western area of Freetown, Sierra Leone (“SL”). This is the first phase of three of a planned 128 MW power plant. This project is considering only the first 50 MW, The subsequent two phases will involve implementation of 39 MW each. The fuel will be imported and supplied by an international...
25-Feb-2016

Project Brief – Rwanda - Kigali Bulk Water Supply Project

Kigali Bulk Water Supply (KBWS) Project is Public Private Partnership (PPP) between the Government of Rwanda (GoR), represented by the Ministry of Infrastructure, Water, Sanitation Corporation (WASAC), the government water utility company and Kigali Water Limited (KWL). The project scope involves the development, design, financing, construction and operation of 40,000m3/day Bulk Water Facility (BWF) south of Kigali in Rwanda. The scope of the BWF shall comprise of; a water treatment plant, a well field with 38 wells, three pumping stations, pipelines and three storage reservoirs. Under the...
28-Sep-2015

Project Brief - Cauris Croissance II Fund (CCII)

Cauris Croissance II is a 10 year life, 2nd generation Private Equity Fund, targeting a € 60 million total capitalization. The Fund will invest in small to mid-size companies in Francophone West Africa (Burkina Faso, Benin, Cote d’Ivoire, Guinée Conakry, Mali, Niger, Senegal, Togo). The sectors targeted are those with regional expansion potential such as financial services, general manufacturing & services, ICT, infrastructure service industries. Investment size will range between € 3 –6 million.
25-Sep-2015

Project Brief - ABN: Microfinance Bank of Nigeria

An additional equity investment of euro 322,000 in the ABNmicrofinance Bank of Nigeria (ABN).
25-Sep-2015

Project Brief - ADDAX Bioenergy Project - Sierra Leone

Addax Bioenergy (AB) is developing an integrated bioenergy project near Makeniin Sierra Leone. The project will develop a sugarcane plantation of approximately 10,000 ha to supply about 960,000 tons of cane per year. The project is expected to produce: (i) 83,000 m3 of fuel ethanol for export; and (ii) roughly 100 GWh of electricity from biomass, which will be available for sale to the domestic market. Liquid fertilizer is an additional by-product of the process The ethanol will be produced according to EU bioenergy environmental and social sustainability standards and those of the Roundtable...
25-Sep-2015

Project Brief - African Reinsurance company “Africa-Re”

The Bank will participate in the rights issue of African Reinsurance Company (Africa Re) and retain the Bank’s shareholding at 8% of the enlarged company. The increased capital is needed to strengthen the Company’s capital base and underwriting capacity required to support increasing demand for insurance products across the continent. The continued support to Africa-Re will bolster the client’s balance sheet and signal that the AfDB remains firmly behind this strategic partner.
25-Sep-2015

Project Brief - SME APEX FACILITY - Tunisia

A joint line of credit (LoC) of € 69,6 million with the World Bank (“IBRD” or “WB”) to the Republic of Tunisia (RoT) implemented and managed by the Central Bank of Tunisia (CBT) to support SMEs via eligible Participating Financial Institutions (PFIs). This SME APEX Facility is a crisis response tool to support Tunisian SMEs during the transition. The tenor of the LoC to the RoT will be 12 years with 2 years grace period. The loans will be available to existing SMEs and new projects. This LoC is prepared by Private Sector Operations department of the Bank as the end users will be Tunisian SMEs...
25-Sep-2015

Project Brief - Mali Solidarity Bank

The provision of a line of credit to the Mali Solidarity Bank (BMS), MFIs and SMEs. The funds will allow BMS to provide MFIs and SMEs/SMIs with medium-and long-term financial resources.  
25-Sep-2015

Project Brief - The Buseruka hydropower project - Uganda

The project involves the construction and operation of a hydropower plant in Buseruka located in Hoima District to the West of Uganda. The plant has a capacity of 9 MW. The major component of works involves the construction of: (i) a 150,000 cubic meter capacity dam, (ii) a 1.4Km long power channel and fore bay, (iii), the 1.1 Km long penstock, a power house and the (iv) the electro-mechanical works and (v) a 46Km long 33KV transmission line respectively
25-Sep-2015

Project Brief - A FIFTH LINE OF CREDIT (LOC) TO THE DEVELOPMENT BANK OF SOUTHERN AFRICAN (DBSA)

A fifth Line of Credit (LOC) to the Development Bank of Southern Africa (DBSA) for on-lending to infrastructure projects within the SADC region.
25-Sep-2015

Project Brief - The Emerging Africa Infrastructure Fund Project (EAIF.2)

EAIF, established in 2002, provides long-term senior and subordinated foreign currency debt to private sector infrastructure projects and infrastructure-related companies in sub-Saharan Africa (SSA). In recent years, EAIF has established itself as a credible player in the infrastructure sector ---with a portfolio of committed and recently approved projects amounting to approximately USD 500 million ---and seeks to scale up its operations.
25-Sep-2015

Project Brief - Corporate loan to Ethiopian Airlines

The Project involves the participation by African Development Bank (AfDB) in a corporate loan to Ethiopian Airlines for the financing of its investment plan from 2010 to 2018, and targeted to the purchase of five Boeing 777-200LR long range passenger jets. The aircraft will be used to replace old aircraft and to expand capacity on long haul routes to and from Africa. The aircraft will be delivered between November 2010 and July 2011.
25-Sep-2015

Project Brief - The Kalagadi Industrial and beneficiation project - South Africa

An integrated project encompassing mining, processing and smelting of manganese ore. Mining/processing operations located in the Northern Cape Province of South Africa, and the smelter operations in the Eastern Cape Province. Total sinter production is 2.4m tons per annum, of which 1.7m tons to the export market and 0.7m tons to the smelter plant in Eastern Cape. The total ore ressource estimate is 100 million tons.
25-Sep-2015

Project Brief - THE KIVUWATT PROJECT - Rwanda

The financing is for Phase I of the KivuWatt project, an integrated-methane gas extraction and power production facility. Phase I involves gas extraction using a floating barge located approximately 12.5 km offshore from the city of Kibuye. The extracted gas will be further processed and pumped to shore for use in a power plant via a submerged floating pipeline. Power will be produced by methane powered reciprocating engine generator sets with combined capacity of 25 MW, net output. Phase II includes an expansion of the facilities designed in Phase I and will produce an additional 75 MW of...
25-Sep-2015

Project Brief - The KRIBI Power Project - Cameroon

The Project consists of the construction and operation of a 216 MW gas-fired power plant located in Mpolongwe, a village situated 9 km north of the coastal city of Kribi, in the southern province of Cameroon with a 100 km 225 kV transmission line to be connected to the Southern Interconnected Grid (SIG) of the Country. The Project will be developed on a BOOT basis.
25-Sep-2015

Project Brief - The Lake Harvest Aquaculture - Zimbabwe

The expansion of the Lake Harvest Aquaculture (LHA) fish farm on Lake Kariba, Zimbabwe. LHA is the largest vertically integrated tilapia farm in sub-Saharan Africa and will expand production from roughly 2,500 tons per annum (tpa) in 2010 to 20,000 tpa by 2015. The company produces fresh and frozen filets and whole fish that are sold on the domestic market (37% of sales in 2010) or exported to markets in southern Africa (50%) and Europe (13%). LHA complies with strict European production standards and is the only fish farming operation in Africa certified by Global Gap, a review body that...
25-Sep-2015

Project Brief - The Lomé Container Terminal

Construction of a new container terminal within the existing port of Lomé, Togo (the “Terminal” or the “Project”) that will be used for both transshipment and inward goods. The major components are: (i) constructing a 1,050 meter quay on the northern side of the newly port basin; (ii) dredging along the quays, access channel and turning basin to 16 meters (from the current depth of approximately 14 meters); (iii) purchasing and installing equipment, including 10 ship-to-shore and 17 rubber-tired gantry cranes; and (iv) developing 53 hectares of terminal area and container yard. Upon...
25-Sep-2015

Project Brief - Maghreb Private Equity Fund III (MPEF III)

Equity participation in Maghreb Private Equity Fund III (MPEF III or the Fund), a third-generation multi-sector private equity fund targeting investments in private family-owned SMEs in Morocco, Algeria, Tunisia, Libya and, on an opportunistic basis, Egypt. The Fund will make investments averaging € 8-9 million in companies that are established in their local market and have potential to scale to the regional level The Fund has a 4-year investment period, extendable by one year, and a term of 10 years, extendable by two additional one-year periods.
25-Sep-2015

Project Brief - Corporate loan to OCP S.A - Morocco

The project is in support of the OCP S.A ten-year investment programme. This project aims to increase OCP’s phosphate production capacity by 65% (from 28 to 47 million tons per annum (MTPA), reduce operational and transportation costs of rock phosphate using a new slurry pipeline and construct related industrial site and infrastructure to locally transform the bulk of the mineral into fertilizer
25-Sep-2015

Project Brief - PTA Reinsurance Company Limited “ZEP-RE” Regional

The investment entails a subscription of USD 9,094,389 to purchase new primary ordinary shares of ZEP-RE in order to strengthen the Company’s capital base and underwriting capacity. Following the investment, the Bank will own 15% of the ordinary share capital. An increased capital base is required to support planned strategic business growth designed to meet increasing demand for insurance products within and beyond the Common Market for Eastern and Southern Africa (COMESA) region.