Compact with Africa: Cte d'Ivoire Leveraging the Compact with - - PowerPoint PPT Presentation
Compact with Africa: Cte d'Ivoire Leveraging the Compact with Africa to Catalyze Private Sector Investment Presented by: Honourable Minister Mr. Thierry TANOH Africa Investment Forum Minister for Petroleum, Energy and Renewable Energy
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Leveraging the Compact with Africa to Catalyze Private Sector Investment
Africa Investment Forum
November 7th, 2018
Presented by: Honourable Minister Mr. Thierry TANOH
Minister for Petroleum, Energy and Renewable Energy
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3: Environmental concerns
energy mix (42% in 2030).
4: Regional energy hub
States;
to the advent of the regional market.
1: Reliability and Security of supply
2: Access to energy for all
economically weak households.
Catalyzing Private Sector Investment
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Actions Compact with Africa Focus Area(s) Progress Next Steps – Required Support Expected Costs (M$)
Financial viability of the electricity sector
ü Macro economic stability ü Performance of public utilities ü Mobilization of private institutional investments ü De-risk investments ü Business environment and regulation ü Increased emphasis on the fight against fraud; ü Improving network performance; ü Increase in hydropower production Vs reduction in gas thermal production
Next Steps:
ü Improve network performance ü Other network investment projects
Required Support:
ü Technical assistance
Invest: 4500 TA: 10 Financing
ü Mobilization of private institutional investments ü Macro economic stability ü Launch of the second phase of the mission to refinance the short-term debt of the Electricity Sector guaranteed by the World Bank; ü Participation in the Scaling solar initiative
Next Steps:
ü Set up guarantee mechanisms and ensure the raising of financing from commercial banks ü Implement sustainable concessional financing ü Operationalize the National Energy Management Fund
Required Support:
ü Technical assistance
Financing: 1000 TA: 2
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Pipeline of Seven Priority Projects to Catalyze Private Sector Investment:
Power Generation
US$M Solar PV Plants
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Power Generation
US$M Biomass to Power Plants
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Power Generation
US$M Mini-hydro to Power Plants
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Off-Grid
US$M Mini-grid and Solar kits
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Transmission
US$M Green Corridor
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Distribution
US$M Extension of Distribution Network
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Supply
US$M Security of Gas Supply
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Total Portfolio Value
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Electrified households
kTCO2/year
Emissions avoided
Million US$
MW
Biomass Installed Capacity (MW)
SERES BIOMASS PROJECT
20
COCOA BIOMASS PROJECT
20
BIOMASS PROJECT 3 (call for tenders)
10
BIOMASS PROJECT 4 (call for tenders)
10
BIOMASS PROJECT 5 (call for tenders)
20
To Total
80 80
investment in the Off-Grid Space
Creating an enabling environment for private sector investment…
Support required:
management;
negotiations and pricing);
financing, guarantees Biomass Financing structure
concessional loans, guarantees.......
Management Plan
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