Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Cameroon
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Active
Bank Risk Rating: A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-12-07
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Government Republic of Cameroon
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Hydropower
Investment Amount (USD): $ 325.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 375.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-10-12
Disclosure Date: 2016-03-15
Electricity Transmission and Reform Project
WB-P152755

Project Description
The objective of the Electricity Transmission and Reform Project is to improve the capacity, efficiency, and reliability of Cameroon’s national electricity transmission network. There are three components to the project, the first component being provision of support towards the operationalization of SONATREL’s transmission portfolio. This component is underpinned by a detailed action plan/roadmap, and will include the following sub-components: handover of transmission assets, including the spin-off, sale, and transfer to SONATREL, consolidation of SONATREL, including institutional and regulatory framework, technical and management support for start-up and initial operations of SONATREL, and overall management of the National Transmission Grid Investment Program. The second component is the strengthening of the national transmission grid. This component will improve the capacity and reliability of Cameroon’s national electricity transmission network by financing priority investments to upgrade and extend the national transmission networks and strengthen the reliability of power supply in the interconnected systems. Finally, the third component is the project management support and capacity building. The project will finance technical assistance, analytical work, and capacity building support to key sector stakeholders, including AER, ARSEL, and MINEE (Ministry in charge of Water and Energy) to ensure clarity of roles and responsibilities, further bolstering sector governance within the context of the new sector framework. Moreover, the component will ensure the provision of needed technical, financial, operational, and fiduciary assistance to SONATREL’s Project Implementation Unit (PIU) for the implementation of the project.
Investment Description
Contact Information
Name: Minister of Water and Energy (MINEE) Contact: Dr. Basile Atangana Kouna Title: Minister Tel: 00237222223400 Email: cabinet.minee@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.
Bank Documents