Approval Date | 28 Jun 2013 |
Signature Date | 26 Aug 2013 |
Planned Completion Date | 31 Dec 2023 |
Last Disbursement Planned Date | 31 Dec 2022 |
Sovereign / Non-Sovereign | Sovereign |
Sector | Power |
DAC Sector Code | 23630 |
Environmental Category | 1 |
Commitment | U.A 3,799,329.69 |
Status | Implementation |
The Geothermal Exploration Project in the Lake Assal Region is part of a programme aimed at improving the quality of life for Djibouti's population by increasing their access to electricity through an expansion of national energy production capacity. The present project, which is the first phase of the above-mentioned program, aims to eliminate the risks associated with exploration, thereby establishing the right environment for private sector participation. The implementation of the project should permit to prepare the feasibility study for the geothermal field, which is a prerequisite for international competitive bidding to select the Independent Power Producer (IPP). It comprises four components, namely: (A) drilling activities; (B) technical assistance; (C) project implementation; and (D) environmental and social management.
The project goal is to increase the green energy production capacity of the Republic of Djibouti to improve access to electricity for the people of Djibouti.
Generally, the main project beneficiaries are the entire population of Djibouti since the project will ultimately and substantially increase the production of reliable, clean and low-cost electricity in the country. With the subsequent reduction in energy costs, poor households will be the direct project beneficiaries.
Funding
African Development Fund
|
Extending
Government Of Djibouti
|
Implementing
Gouvernement de Djibouti Ministère de l'Economie des Finances et de la Planification
|
Implementing
GOUVERMENT DE DJIBOUTI MINISTERE DE L'ECON. DES FIN. ET DE LA PLANIFICATION
|
IATI identifier | 46002-P-DJ-FA0-001 |
Last Update | 24 Mar 2023 |
Name | Moussa KONE |
m.o.kone@afdb.org |