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LOANS & CREDITS July 28, 2020

West Africa Regional Energy Trade Development Policy Financing Program

IDA Credit: $172.5 million equivalent total (see the break-down by country below)

IDA Grant: $127.5 million equivalent total (see the break-down by country below)

IDA Credit for Cote d’Ivoire: $70.0 million equivalent

Maturity: 30 years Grace: 5 years

IDA Credit for Burkina Faso: $30.0 million equivalent

Maturity: 38 years Grace: 6 years

IDA Grant for Burkina Faso: $30.0  million  equivalent

IDA Credit for Guinea: $30.0 million equivalent

Maturity: 38 years Grace: 6 years

IDA Grant for Guinea: $30.0  million  equivalent

IDA Credit for Mali: $30.0 million equivalent

Maturity: 38 years Grace: 6 years

IDA Grant for Mali: $30.0  million  equivalent

IDA Credit for Liberia: $12.5 million equivalent

Maturity: 38 years Grace: 6 years

IDA Grant for Liberia: $12.5 million equivalent

IDA Grant for Sierra Leone: $25.0  million equivalent

Project ID: P171225

Project Objectives Description: This operation will help increase energy security, reduce  vulnerability to  international oil price fluctuations, and reduce the fiscal  burden of the electricity sector through increased energy trade between the six participating countries.

For more information about this project, visit: https://projects.worldbank.org/en/projects-operations/project-detail/P171225?lang=en


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