East Africa | Western Africa | Central Africa | Southern Africa East Africa Lake Victoria Environmental Management Projects (LVEMPs) (about $45million IDA and $35 million GEF Grant). LVEMP1 became effective in July 1997. It aims at developing human capacity and the physical infrastructure required for sustainable management of the shared resources in the lake and its basin. The LVEMP2 is expected to go to the Board late in FY07 and includes financing for the recently created Lake Victoria Basin Commission in Kisumu, Kenya. Risk Insurance: a Regional Trade Facilitation Project ($122.5 million) involves countries, including the three EAC member states. The project’s objective is to facilitate exports from the region and intra-regional trade by providing political and some commercial risk insurance to cover trade and investment transactions. Commercial risk coverage on private entities is provided in partnership with private international commercial risk insurers. The facility is managed by ATI (headquartered in Nairobi, Kenya) which was launched in August 2001 and became fully operational in April 2002. The project is in its fifth year of implementation. African Regional Capacity Building Network for HIV/AIDS Prevention, Care and Treatment Project (ARCAN) ($10.0 million). The project was approved in February 2005. The objective is to expand access to comprehensive and evidence-based HIV/AIDS prevention, treatment, and care by supporting a network of sub-regional “learning sites” to expand training of health care practitioners. Current pipeline before scale-up EAC Transport & Trade Facilitation Project. The project’s objective is to (a) assist the EAC countries to implement its Customs Union Protocol; (b) enhance regional trade & transport through increasing efficiency in critical transport bottlenecks across the region (ports, border posts, inland depots, and multimodal transport facilities); and (c) facilitate the development of an efficient regional railway system through its concessioning to the private sector. The project is expected to go to the board by December 2005. The Bank has partnered with AfDB to finance the regional components of the project. Western Africa West Africa Power Pool (WAPP)- APL1 (Phase 1). The project aims at integrating the fragmented national power systems of West Africa as a means to increase community access to stable and reliable electricity at affordable costs. In June 2005 the Board approved a $350 million APL to support the WAAP. The APL1 (Phase 1) of $40 million equivalent will assist the Republic of Ghana to develop the first phase of the Coast Transmission Backbone Project of the WAPP. The West African Gas Pipeline. This project was approved by the Board in December 2004. IDA provided the Government of Ghana with a partial guarantee in support of its payment obligations. MIGA provided financial risk mitigation to cover private investment in the pipeline. HIV/AIDS Project for Abdijan-lagos Transport Corridor (US$16.0 million). The project’s objectives is to increase access to HIV/AIDS prevention, basic treatment support and care services by underserved vulnerable groups along the Abidjan-Lagos transport corridor, with particular attention to transport workers, the migrant population, commercial sex workers, and the local population. The project was approved in November 2003. BCEAO: Regional Payment System Project (US$9.4 million). The objective is to establish and install an appropriate set of payment mechanisms to meet the evolving needs of all market segments in the West African Economic and Monetary Union – consumer, retail, industrial, commercial, government, financial markets – for making payments in a secure and timely manner at an acceptable cost. The new payment system must satisfy internationally accepted standards and core principles. West African Economic and Monetary Union Capital Market Development Project ($96.4 million in IDA credit and $70.0 million of MIGA guarantee). The principal objective of the project is to develop the capital markets in the region, and mobilize public and private financing for the region's infrastructure development. The project is expected to contribute to the WAEMU countries' efforts to achieve sustainable regional economic growth through the provision of efficient, region-wide infrastructure services and greater financial market integration. GEF – Senegal River Basin Project ($7.25 million). The project’s main objective is to provide a participatory framework for the environmentally sustainable development of the basin and to launch a basin-wide cooperative program for transboundary land-water management. The project proposes to strengthen regional and national institutional capacity to enable basin institutions to address priority transboundary water and environment management issues. This will allow the basin’s four riparian countries -- Guinea, Mali, Mauritania and Senegal -- to jointly build on ongoing initiatives in the basin; to develop a regional approach to the environmental management of the basin; and contribute to effective operation of the Basin’s water resources, providing benefits beyond national boundaries. GEF Niger River Basin ($13.0 million). The project’s objective is to strengthen capacities at all levels – local, municipal, national, regional and institutional – within the nine member countries of the Niger Basin Authority (Benin, Burkina Faso, Cameroon, Chad, Côte d’Ivoire, Guinea, Mali, Niger, and Nigeria) in the implementation of a joint framework for the sustainable development of the land and water resources of the basin. Regional HIV/AIDS Treatment ($60.0 million). The project’s main objective is to support a regional program which aims at scaling up acees to HIV/AIDS treatment in three Africa countries: Burkina Faso, Ghana, and Mozambique. WHO and UNECA provide technical and project coordination support to facilitate an inter-country learning process . Africa Emergency Locust Project. The project aims at strengthening the capacity of beneficiary countries (Burkina Faso, Chad, Gambia, Mali, Mauritania, Niger and Senegal) to prepare and implement programs and actions designed to prevent, control, and manage desert locust infestation within its territory and the region. It also helps them to mitigate economic, environmental, and social impact of the infestation. Central Africa BEAC Regional Payment System ($14.5 million). The primary objective is to establish and install an appropriate set of payment mechanisms to meet the evolving needs of all market segments in the Central African Economic and Monetary Union (CEMAC) – consumer, retail, industrial, commercial, government, financial markets – for making payments in a secure and timely manner at an acceptable cost. The new payment system must satisfy internationally accepted standards and core principles. Great Lakes Initiative on HIV/AIDS (GLIA) ($20.0 million). The objective of this project is to step up the fight against HIV/AIDS in the six countries of the Great Lakes region—Burundi, Democratic Republic of Congo, Kenya, Rwanda, Tanzania, and Uganda—which are home to more than six million people living with HIV/AIDS, and more than three million children orphaned or made vulnerable by HIV/AIDS. This project will finance prevention, care, and treatment, programs for large numbers of refugees, migrant and transport workers, highly infected groups, and others which move between the five Great Lakes countries, with a strong emphasis on coordinating a regional, cross-border response to combating the disease. GEF-LakeChad Basin ($9.6 million).The project was approved in January 2003. The project’s overall objective is to contribute to the sustainable management of land and water resources in the greater conventional basin of Lake Chad. The project is designed to achieve the following three specific objectives: (a) build capacity within the Lake Chad Basin Commission (LCBC) and its national committees in managing land and water resources, (b) enhance policy initiatives and transboundary institutional mechanisms to ensure that the member countries jointly develop and manage the Lake Chad basin’s resources, and (c) conduct a transboundary diagnosis analysis, implement pilot demonstration projects, and design a Strategic Action Program for sustainable management of the basin. Southern Africa Southern Africa Power Pool (IBRD partial guaranty of $30.0 million, IFC Equity of $10.0 million, MIGA coverage of $72.0 million). The main objective of the $1 billion project is to initiate the development and export of Mozambique’s substantial natural gas resources in an environmentally sustainable manner, thereby contributing towards economic growth and poverty reduction. The World Bank Group's instruments (IBRD partial risk, MIGA guarantees and IFC equity investment) facilitates the mobilization of critical private capital as well as commercial debt financing required for implementation of the project. IFC support to the Government of Mozambique (GoM) helps broaden the participation of local investors and raises financing to cover the shortfall in Mozambican participation in the project GEF – Groundwater and Drought Management Project ($7.5 million). The project was approved in June 2005. Its objective is to develop consensus on a SADC regional strategic approach to support and enhance the capacity of its member states to articulate and implement drought management policies, specifically in relation to the role, availability, and supply potential of groundwater resources. |