📋 Tender Overview
Project ID 56301
Status: Concept Reviewed
Location: Benin
Business Sector:Energy
Notice Type: State
Environmental Category: B
Approval Date: 03 Dec 2025
Disclosure date: 29 Sep 2025
Project Description
Provision of a sovereign loan of up to EUR 30 million to the Republic of Benin (the "Borrower") to be on-lent to the Societe Beninoise d'Energie Electrique ("SBEE", the "Client"), the state-owned national utility responsible for the distribution and supply of electricity in Benin.
The proceeds of the loan will be directed to finance the rural electrification of Mono, Couffo and Borgou regions in western and north-eastern Benin (the "Project").
The Project is expected to be co-financed with Agence Francaise de Developpement ("AFD") and the European Investment Bank ("EIB") and is expected to benefit from EU financial support including an investment grant from the European Union Africa Investment Platform ("EU's AIP").
Project Objectives
The proceeds will be allocated to the extension, rehabilitation and densification of low and medium voltage network and the upgrade of the national grid in the three regions. The Project will improve the integration, resilience and stability of electricity systems in Benin and allow to connect 120,000 new households to the national grid across 750 villages and cities.
Transition Impact
ETI score: 74
Indicative ETI score: 74. The impact score is subject to further confirmation.
Primary : Resilient: Improved network reliability, reduced technical losses, integration of fault detection systems, and enhanced cybersecurity through a dedicated Technical Cooperation with SBEE.
Secondary : Inclusive: Expanded access to electricity in underserved rural areas, targeted support for vulnerable households, and gender-sensitive social safeguards.
