📋 Tender Overview
Project Summary
Approval Date 12 Sep 2023
Signature Date 28 Nov 2023
Planned Completion Date 31 Dec 2026
Last Disbursement Planned Date 30 Nov 2026
Sovereign / Non-Sovereign Non Sovereign
Sector Power
DAC Sector Code 23630
Environmental Category: 3 Climate Safeguards Categorization: 3
Fragility Lens Assessment: Yes Gender Marker System Categorization: GEN II
Commitment U.A 456,972.38
Status Approved
Project General Description
African countries at large recognize the need to shape the right business frameworks to attract responsible and sustainable investment. Furthermore, transparent regulation is also recognized as an important factor that enable countries to mobilize domestic capital to attain the necessary level of growth towards sustainable development. Consistent with the central vision for the New Deal on Energy (NDEA) for Africa, a strategy that aspires to enable affordable, reliable, and modern energy access for all, to unlock productivity potentials in areas such as agroprocessing or industrialization of which electricity access remains the lifeblood.
Project Objectives
The Project’s main development objective is to strengthen the enabling environment for the power regulation sector in Central Africa Republic by enhancing the technical and operational efficiency for the national regulator through the development of tools, revision of procedures and manuals and provision of technical training, provision of capacity building activities, development of relevant monitoring tools and a digital tool. The specific objectives are: i) to address the skills gap reported to negatively impact the regulator’s credibility, and to ii) enhance the institutional capacity of the regulatory structure in MDERH by finetuning new or existing regulatory instruments and developing a digital system to automate regulatory functions, centralize and disseminate information, data, and reports. The tools will drive MDERH operational efficiency and stimulate private sector engagement through information liberalization as well as uplifting the overall technical and economic performance for the regulator.
Beneficiaries
The direct beneficiary is MDERH (Ministère du Développement de l'Energie et des Ressources Hydrauliques), is the ministry in charge of the development of Energy and Water Resources in the country also under which the regulator currently operates.
Participating Organization
Implementing
Ministère du Développement de l'Energie et des Ressources Hydrauliques (MDERH)
Funding
Fund for African Private Sector Assistance
Implementing
Ministère Mines Energie et Hydraulique