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Hatem ElBakkali Energy & ICT specialist Infrastructure Department IDB Islamic Development Bank Group

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Page 1: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Ha

tem

ElB

akk

ali

En

erg

y &

IC

T s

pe

cia

list

Infr

ast

ruct

ure

De

pa

rtm

en

t

IDB

Isla

mic

De

ve

lop

me

nt

Ba

nk

Gro

up

Page 2: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

Sn

ap

sho

t

�E

sta

blis

he

d in

19

75

; h

ea

dq

ua

rte

red

in J

ed

da

h,

Kin

gdo

m o

f Sa

ud

i Ara

bia

�R

eg

ion

al O

ffic

es

in K

aza

khst

an

, M

ala

ysia

, M

oro

cco

an

d S

en

eg

al

�A

AA

Ra

tin

g b

y M

oo

dy’

s, F

itch

, a

nd

S&

P.

Ze

ro-R

isk

Ra

tin

g b

y th

e E

uro

pe

an

Co

mm

issi

on

�A

ll fi

na

nci

al t

ran

sact

ion

s in

co

mp

lian

ce w

ith

Isl

am

ic la

w (

Sha

ri'a

h)

Mis

sio

n S

tate

me

nt

“We

are

co

mm

itte

d t

o a

llevi

ati

ng

po

vert

y; p

rom

oti

ng

hu

ma

n d

eve

lop

me

nt,

sci

en

ce &

te

chn

olo

gy,

Isla

mic

ba

nki

ng

& f

ina

nce

; a

nd

en

ha

nci

ng

co

op

era

tio

n a

mo

ng

st m

em

be

r co

un

trie

s, in

co

llab

ora

tio

n

wit

h o

ur

de

velo

pm

en

t p

art

ne

rs”

Pri

ori

ty A

rea

s

�H

um

an

De

velo

pm

en

t

�A

gri

cult

ura

l De

velo

pm

en

t &

Fo

od

Se

curi

ty

�In

fra

stru

ctu

re D

eve

lop

me

nt

�P

riva

te S

ect

or

De

velo

pm

en

t

�In

tra

-Tra

de

am

on

g M

em

be

r C

ou

ntr

ies

�R

&D

in I

sla

mic

Ba

nki

ng

& F

ina

nce

Islamic Development Bank: Introduction

As of 17 December 2009

Authorised Capital: US$46.0 bn*

Rated Aaa/AAA/AAA

Paid up capital of US$5.5 bn*

1,014 employees

Total Assets: US$13.1 bn*

* US$ figures are approximate only.

Original amounts in Islamic Dinar (ID)

56 Member Countries

27 in Africa:

�12 in Western SSA

�10 in Central & Eastern SSA

�5 in North Africa

�58% of population

�56% of area

1

Page 3: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

�ID

B’s

firs

t p

roje

ct w

as

fin

an

ced

in A

fric

a :

US$

7 m

illio

n lo

an

fo

r S

on

g-L

ou

lou

Hyd

ro E

lect

ric

Po

we

r in

Ca

me

roo

n (

Oct

ob

er

19

76

).

IDB Group’s Total Financing into Africa

2

Page 4: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

1.

Isla

mic

Co

rpo

rati

on

fo

r d

ev

elo

pm

en

t o

f P

riv

ate

Se

cto

r (I

CD

) -

20

00

�In

stru

me

nts

: e

qu

ity

inve

stm

en

ts,

term

fin

an

ce,

an

d l

ine

of

fin

an

ce.

�H

igh

lig

ht:

Act

ive

ly in

volv

ed

in f

orm

ati

on

of

a h

old

ing

co

mp

an

y fo

r m

an

ag

ing

fou

r Is

lam

ic B

an

ks in

We

st A

fric

a (

Se

ne

ga

l, N

ige

r, M

au

rita

nia

, a

nd

Gu

ine

a).

2.

Isla

mic

Co

rpo

rati

on

fo

r th

e I

nsu

ran

ce o

f In

ve

stm

en

ts a

nd

Ex

po

rt

Cre

dit

(IC

IEC

) -

19

94

�In

stru

me

nts

: P

oli

tica

l Ris

k In

sura

nce

(P

RI)

/ E

xpo

rt C

red

it I

nsu

ran

ce.

�H

igh

lig

ht:

PR

I fo

r D

ora

leh

Co

nta

ine

r T

erm

ina

l co

veri

ng

in

vest

me

nt

of

up

-to

US

$

50

mil

lio

n.

3.

Inte

rna

tio

na

l Is

lam

ic T

rad

e F

ina

nce

Co

rpo

rati

on

(IT

FC

) -

20

08

�In

stru

me

nts

:O

rdin

ary

an

d S

tru

ctu

red

tra

de

fin

an

ce.

�H

igh

lig

ht:

Aw

ard

ed

th

e p

rest

igio

us

Eu

rom

on

ey

‘De

al o

f th

e Y

ea

r’A

wa

rd 2

00

8

for

its

tra

de

fin

an

cin

g a

ctiv

itie

s in

Co

te d

‘lv

oir

e.

African Interventions by ICD, ICIEC & ITFC

3

Page 5: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

IDB Group’s Total Financing into Africa

4

Page 6: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

�O

ua

ga

do

ug

ou

De

cla

rati

on

(O

D)

–U

S$

2 b

illi

on

–5

-ye

ar

Pro

gra

m

•ID

B d

isb

urs

ed

ple

dg

ed

US

$ 2

.38

bill

ion

.

•P

rog

ram

s u

nd

er

the

OD

:

–E

du

cati

on

�B

ilin

gu

al

Ed

uca

tio

n P

rog

ram

�V

oca

tio

na

l & L

ite

racy

Pro

gra

m (

VO

LIP

)

–H

ea

lth

�R

oll

Ba

ck M

ala

ria

Qu

ickw

inP

rog

ram

�R

ive

r B

lin

dn

ess

Co

ntr

ol

–T

ech

nic

al A

ssis

tan

ce

�C

ap

aci

ty B

uil

din

g P

rog

ram

fo

r O

IC C

ou

ntr

ies

(CB

P4

OIC

C).

•K

ey

infr

ast

ruct

ure

pro

ject

s fi

na

nce

d u

nd

er

OD

:

–M

ali

: S

eva

re-G

ao

roa

d,

Ga

oB

rid

ge

, T

ao

uss

aH

ydro

ele

ctri

c D

am

–N

ige

r: A

ga

de

s-Z

ind

er

roa

d,

Ka

nd

aji

Hy

dro

ele

ctri

c D

am

–C

ha

d:

Fa

cha

Po

we

r P

lan

t in

Ch

ad

–R

eg

ion

al:

Atl

an

tiq

ue

Te

leco

m in

Be

nin

, G

ab

on

an

d N

ige

r

IDB’sDevelopment Programs for Africa

5

Page 7: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

�S

pe

cia

l P

rog

ram

fo

r th

e D

ev

elo

pm

en

t o

f A

fric

a (

SP

DA

)

•A

ssis

t in

sca

ling

-up

inte

rve

nti

on

s in

Afr

ica

•K

ey

focu

s o

n

–LD

MC

s

–A

gri

cult

ure

–In

fra

stru

ctu

re

–E

du

cati

on

–H

ea

lth

•R

ela

ted

Pro

gra

ms

–P

rog

ram

fo

r In

fra

stru

ctu

re i

n A

fric

a (

PID

A)

(€7

.8 m

illi

on

)

�S

up

po

rt r

eg

ion

al i

nfr

ast

ruct

ure

in

teg

rati

on

init

iati

ve

s

–Is

lam

ic S

oli

da

rity

Fu

nd

fo

r D

ev

elo

pm

en

t (I

SF

D)

(US

$ 1

0 b

illi

on

)

�E

nd

ow

me

nt

fun

d t

o r

ed

uce

po

vert

y

�U

S$

2.6

bil

lio

n c

on

trib

ute

d s

o f

ar.

ID

B’s

com

mit

me

nt

is U

S$

1 b

illi

on

–Je

dd

ah

De

cla

rati

on

fo

r F

oo

d S

ecu

rity

(JD

FS)

(US

$ 1

.5 b

illi

on

)

�S

tre

ng

the

n f

oo

d s

up

ply

by

ass

isti

ng

sm

all

fa

rme

rs in

acq

uir

ing

ag

ricu

ltu

ral i

np

uts

, su

pp

ort

secu

rity

sto

cks

etc

.

IDB’sDevelopment Programs for Africa

6

Page 8: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

�W

orl

d B

an

k

�A

fric

an

De

velo

pm

en

t B

an

k

�E

CO

WA

S B

an

k fo

r In

vest

me

nt

an

d D

eve

lop

me

nt

(EB

ID)

�W

est

Afr

ica

n B

an

k fo

r D

eve

lop

me

nt

(BO

AD

)

�Fo

od

& A

gri

cult

ure

Org

an

iza

tio

n (

FAO

)

�In

tern

ati

on

al F

un

d f

or

Ag

ricu

ltu

ral D

eve

lop

me

nt

(IF

AD

)

�T

he

Co

ord

ina

tio

n G

rou

p -

an

ass

oci

ati

on

of:

•T

hre

e b

ila

tera

l fu

nd

s

–A

bu

Dh

ab

i Fu

nd

fo

r D

eve

lop

me

nt

–K

uw

ait

Fu

nd

fo

r A

rab

Eco

no

mic

De

velo

pm

en

t

–Sa

ud

i Fu

nd

fo

r D

eve

lop

me

nt

•O

ne

mo

ne

tary

ag

en

cy

–A

rab

Mo

ne

tary

Fu

nd

•F

ive

mu

ltil

ate

ral

de

ve

lop

me

nt

inst

itu

tio

ns

–Is

lam

ic D

eve

lop

me

nt

Ba

nk

–O

PE

C F

un

d f

or

Inte

rna

tio

na

l De

velo

pm

en

t

–A

rab

Ba

nk

for

Eco

no

mic

De

velo

pm

en

t in

Afr

ica

–A

rab

Fu

nd

fo

r E

con

om

ic a

nd

So

cia

l De

velo

pm

en

t

–A

rab

Gu

lf p

rogr

am

fo

r U

nit

ed

Na

tio

ns

De

velo

pm

en

t O

rga

niz

ati

on

s

IDB’sStrategic Partners in Africa

7

Page 9: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

Key Infra Projects in Africa financed by IDB

Sr.

No

.

Pro

ject

Na

me

Co

un

try

De

scri

pti

on

To

tal

Co

st

(US

$ M

il.)

IDB

Pa

rtic

ipa

tio

n

(US

$ M

il.)

1.

OM

VS

Ele

ctri

city

Su

pp

ly

Ma

li

Se

ne

ga

l

Ma

uri

tan

ia

20

0 M

W e

lect

rici

ty g

en

era

tio

n a

nd

su

pp

ly t

o M

ali

,

Se

ne

ga

l, a

nd

Ma

uri

tan

ia.

1,2

06

21

2.

Tu

nis

an

Ind

ian

Fert

ilize

r*

Tu

nis

ia

36

0,0

00

to

ns

pe

r a

nn

um

ph

osp

ho

ric

aci

d p

rod

uct

ion

faci

lity.

29

01

50

3.

He

igh

ten

ing

Ro

seir

es

Da

m

Sud

an

H

eig

hte

nin

g o

f d

am

to

inte

nsi

fy ir

rig

ati

on

of

1.7

mill

ion

he

cta

res.

47

78

0

4.

Ta

za-O

ujd

a

Se

gm

en

t

Mo

rocc

o

19

7 k

m T

aza

-Ou

jda

hig

hw

ay

se

gm

en

t w

ith

in F

es-

Ou

jda

Hig

hw

ay

.

76

41

57

5.

Atl

an

tiq

ue

Te

leco

m G

SM*

Be

nin

Ga

bo

n

Nig

er

Co

nso

lida

tio

n o

f 9

00

MH

Z G

SM d

igit

al m

ob

ile

tele

ph

on

y n

etw

ork

s a

cqu

ire

d b

y A

tla

nti

qu

eT

ele

com

in

ad

dit

ion

to

sa

le a

nd

lea

seb

ack

of

exi

stin

g f

aci

lity

10

95

7

6.

Do

rale

h

Co

nta

ine

r

Djib

ou

ti

Ne

w c

on

tain

er

term

ina

l wit

h a

to

tal q

ua

y lin

e o

f 1

.05

km lo

ng

.

39

76

5

* PPP Projects

8

Page 10: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

Pipeline Infra Projects in Africa to be financed by IDB

Sr.

No

.P

roje

ct N

am

eC

ou

ntr

yD

esc

rip

tio

n

1.

OM

VG

Se

ne

ga

l

Ga

mb

ia

Gu

ine

a

Gu

ine

a B

issa

u

a)

12

8M

W h

yd

roe

lect

ric

pla

nt

in S

en

eg

al

an

d 2

40

MW

hy

dro

ele

ctri

c

pla

nt

in G

am

bia

.

b)

Re

gio

na

l tr

an

smis

sio

n l

ine

, w

ith

15

su

b s

tati

on

s, c

ov

eri

ng

Se

ne

ga

l,

Ga

mb

ia,

Gu

ine

a,

an

d G

uin

ea

Bis

sau

2.

AIB

DSe

ne

ga

lN

ew

inte

rna

tio

na

l air

po

rt in

Da

kar

wit

h h

an

dlin

g c

ap

aci

ty o

f 3

mill

ion

pa

sse

ng

ers

pe

r a

nn

um

.

3.

Lim

ba

Re

fin

ery

Mo

de

rniz

ati

on

Ca

me

roo

nC

ap

aci

ty e

xpa

nsi

on

of

the

exi

stin

g c

rud

e o

il re

fin

ing

ca

pa

city

4.

Lib

ya

-N

ige

r-C

ha

d R

oa

dLi

by

a1

,00

0 k

m l

on

g t

ran

s-n

ati

on

al

hig

hw

ay

.

5.

Lin

gue

re-M

ata

mR

oa

dSe

ne

ga

l2

00

km

lon

g h

igh

wa

y

6.

Lib

revi

lle I

nte

rna

tio

na

l

Air

po

rt

Ga

bo

nA

dvi

sory

se

rvic

es

to t

he

Go

vern

me

nt

of

Ga

bo

n f

or

the

de

velo

pm

en

to

f a

ne

w in

tern

ati

on

al a

irp

ort

.

7.

Ma

yum

ba

De

ep

Wa

ter

Po

rt

Ga

bo

nA

dvi

sory

se

rvic

es

to t

he

Go

vern

me

nt

of

Ga

bo

n f

or

the

de

velo

pm

en

to

f a

de

ep

wa

ter

po

rt.

9

Page 11: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

�C

ou

ntr

y d

ev

elo

pm

en

t p

lan

s d

o n

ot

tak

e i

nto

co

nsi

de

rati

on

re

gio

na

l p

ers

pe

ctiv

e

�M

DB

sto

ass

ist

cou

ntr

ies

in in

teg

rati

ng

th

e r

eg

ion

al

dim

en

sio

n in

to t

he

ir d

eve

lop

me

nt

pla

ns

�W

ea

k r

eg

ula

tory

In

stit

uti

on

al

fra

me

wo

rk i

mp

ed

es

pri

va

te s

ect

or

inte

rve

nti

on

s

�So

un

d s

tru

ctu

res

cap

ab

le o

f d

eve

lop

ing

larg

e s

cale

PP

P p

roje

ct

�H

igh

co

st b

arr

ier

for

imp

lem

en

tin

g i

nfr

ast

ruct

ure

pro

ject

s

�C

rea

te c

riti

cal m

ass

, th

rou

gh

re

gio

na

l pro

ject

s, f

or

con

tra

cto

rs,

sup

pli

ers

, m

an

ufa

ctu

rers

, e

tc.

�T

ran

s-b

ou

nd

ari

es

use

/sh

ari

ng

iss

ue

s

�T

ack

le in

pa

rtic

ipa

tory

ma

nn

er

an

d u

se in

tern

ati

on

al g

oo

d p

ract

ice

(E

ne

rgy

Ch

art

er

Pro

toco

l)

�A

lig

nm

en

t o

f p

rocu

rem

en

t m

od

es

be

twe

en

co

-fin

an

cie

rs

�B

ett

er

ass

ess

me

nt

of

loca

l/ r

eg

ion

al c

ap

aci

tie

s a

nd

en

cou

rag

em

en

t o

f so

uth

-so

uth

co

lla

bo

rati

on

�W

ea

k f

ina

nci

al

sta

nd

ing

of

pu

bli

c u

tili

ty C

o.

wit

h r

eg

ard

s to

PP

A/m

inim

um

re

ve

nu

e g

ua

ran

tee

�In

fra

stru

ctu

re m

ain

ten

an

ce i

ssu

e,

fin

an

cia

l m

an

ag

em

en

t, p

oo

r g

ov

ern

an

ce,

inst

itu

tio

na

l

we

ak

ne

ss (

PM

U a

nd

bu

dg

et)

Ch

all

en

ge

s

10

Page 12: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

IDB Group: Future Strategic Direction

11

Page 13: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

12

�ID

B e

mb

ark

ed

PP

P f

ina

nci

ng

in

20

06

�ID

B a

ims

at

sca

ling

up

its

PP

P o

pe

rati

on

s in

SSA

Wh

y P

PP

?

�M

ost

MC

s in

Afr

ica

are

LD

MC

’s(1

8 M

Cs

ou

t o

f 2

7 M

Cs)

�G

ove

rnm

en

ts c

an

on

ly b

orr

ow

on

co

nce

ssio

na

l Te

rms

du

e t

o H

IPC

�ID

B h

as

lim

ite

d c

on

cess

ion

al f

un

ds

�P

PP

fin

an

cin

g c

an

su

pp

lem

en

t co

nce

ssio

na

l fin

an

cin

g,

pa

rtic

ula

rly

in r

eg

ion

al p

roje

cts

PP

P P

ote

nti

al

Ad

va

nta

ge

s

�Im

pro

ve p

ub

lic

sect

or

cap

aci

ty in

te

rms

of

de

velo

pin

g in

teg

rate

de

ffic

ien

t so

luti

on

s fo

r th

e s

oci

ety

�In

tro

du

ce c

rea

tive

ne

ss a

nd

inn

ova

tio

n t

o in

fra

stru

ctu

re p

roje

cts

�In

tro

du

ce b

oth

tim

e a

nd

co

st s

avi

ng

s in

pro

ject

imp

lem

en

tati

on

�C

rea

te e

qu

ita

ble

ris

k sh

ari

ng

be

twe

en

th

e p

ub

lic s

ect

or

an

d t

he

pri

vate

se

cto

r

�B

rin

g in

larg

e a

nd

hig

hly

exp

eri

en

ced

bid

de

rs t

o t

he

pro

ject

s

�C

rea

te t

ran

sfe

r o

f sk

ills,

exp

eri

en

ce,

an

d t

ech

no

log

y to

th

e p

ub

lic s

ect

or

PPP Financing

Page 14: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

�D

eve

lop

me

nt

of

Afr

ica

’s I

nfr

ast

ruct

ure

is h

igh

on

ID

B’s

Ag

en

da

�ID

B in

itia

ted

/pa

rtic

ipa

ted

in v

ari

ou

s Sp

eci

al P

rog

ram

s

�ID

B is

re

all

oca

tin

g r

eso

urc

es

for

SSA

�St

ren

gth

en

ID

B’s

pa

rtn

ers

hip

s in

su

pp

ort

ing

inve

stm

en

t fl

ow

s in

to A

fric

a

�N

etw

ork

s in

teg

rati

on

(ro

ad

, ra

ilw

ay,

po

we

r, g

as,

etc

.)

�T

he

ma

tic

stu

die

s: b

oa

rde

r cr

oss

ing

fa

cili

tati

on

, a

nd

In

fra

stru

ctu

re M

ain

ten

an

ce

�M

ob

ilize

pri

vate

se

cto

r a

nd

PP

P f

ina

nci

ng

�P

rovi

de

su

pp

ort

to

po

licy

re

form

s a

nd

in

stit

uti

on

al

cha

ng

es

as

we

ll a

s ca

pa

city

bu

ildin

g

ad

voca

te a

nd

cre

ate

PP

P r

ece

pti

ve a

nd

ad

eq

ua

te e

nvi

ron

me

nt.

Conclusion

13

Page 15: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

TH

AN

K Y

OU

Page 16: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

PP

P P

roje

cts

in A

fric

a:

Ap

pro

ve

d P

roje

cts

Dji

bo

uti

: D

ora

leh

Co

nta

ine

r T

erm

ina

l

•P

roje

ct D

esc

rip

tio

n:

–C

on

stru

ctio

n o

f a

ne

w c

on

tain

er

term

ina

l wit

h a

to

tal q

ua

y lin

e o

f

1.0

5 k

m lo

ng

.

•S

po

nso

rs:

Po

rt A

uto

no

me

Inte

rna

tio

na

l de

Dji

bo

uti

(P

AID

)

Du

ba

i Po

rts

Wo

rld

(D

PW

)

•T

ota

l Am

ou

nt:

US$

39

7 M

illio

n

•ID

B P

art

icip

ati

on

:U

S$

67

Mill

ion

(U

S$1

5 M

se

ll d

ow

n t

o O

FID

)

•T

en

ure

: 1

0 y

ea

rs

•Le

nd

ers

:ID

B,

SC,

We

st L

B

15

Page 17: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

PP

P P

roje

cts

in A

fric

a:

Ap

pro

ve

d P

roje

cts

Ma

uri

tan

ia:

SNIM

•P

roje

ct D

esc

rip

tio

n:

–A

ma

inte

na

nce

an

d d

eve

lop

me

nt

pro

gra

mm

ein

volv

ing

th

e f

oll

ow

ing

:

•E

xpa

nsi

on

of

Iro

n O

re M

inin

g c

ap

aci

ty in

th

e G

ue

lbre

gio

n (

Gu

elb

II);

•M

ain

ten

an

ce a

nd

mo

de

rniz

ati

on

of

ra

ilw

ays

;

•B

uil

din

g a

ne

w I

ron

Ore

Te

rmin

al.

•S

po

nso

r:SN

IM

•T

ota

l Am

ou

nt:

US$

84

0 M

illio

n

•ID

B P

art

icip

ati

on

:U

S$ 1

08

Mill

ion

•T

en

ure

:1

5 y

ea

rs

•Le

nd

ers

:E

IB,

AfD

B,

FDA

, ID

B,

KfW

, B

NP

Pa

rib

as,

BH

F, F

ort

is

16

Page 18: Islamic Development Bank Group · Islamic Development Bank IDB’sfirst project was financed in Africa : US$ 7 m illion loan for Song-LoulouHydro Electric IDB Group’s Total Financing

Islamic D

evelopment B

ank

PP

P P

roje

cts

in A

fric

a:

Ap

pro

ve

d P

roje

cts

Tu

nis

ia:

TIF

ER

T

•P

roje

ct D

esc

rip

tio

n:

–T

he

co

nst

ruct

ion

of

a n

ew

ph

osp

ho

ric

aci

d p

rod

uct

ion

fa

cilit

y w

ith

a c

ap

aci

ty o

f 3

60

.00

0 t

on

s p

er

an

nu

m (

tpa

).

•S

po

nso

rs:

Gro

up

eC

him

iqu

eT

un

isie

n

Co

rom

an

de

l Fe

rtili

sers

Lim

ite

d

Gu

jara

t St

ate

Fe

rtili

sers

&C

he

mic

als

Ltd

.

•T

ota

l Am

ou

nt:

US$

29

0 M

illio

n

•ID

B P

art

icip

ati

on

:U

S$ 1

50

Mill

ion

(U

S$ 3

0 M

se

ll d

ow

n t

o O

FID

)

•T

en

ure

:1

5 y

ea

rs

•Le

nd

ers

:E

IB,

IDB

17