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The OPEC Fund
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  2. INTEGRATED GROWTH POLES’ ENERGY ACCESS ENHANCEMENT PROJECT, PHASE II (PIC 2.2)

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INTEGRATED GROWTH POLES’ ENERGY ACCESS ENHANCEMENT PROJECT, PHASE II (PIC 2.2)

Madagascar

Borrower Madagascar
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 16.12.2020
Signed 04.03.2021
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency Madagascar MinEcoFin
OPEC Fund Contribution (US$m) 15.00
Total Project Cost (US$m) 21.75

The project will contribute to the reduction of the persistent electricity deficit in project areas, upgrade urban and rural feeder roads to improve market access and support key value chains, and empower local communities to develop their agriculture and tourism-related skills.

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