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Active Development AidData Chinese Aid

Africa Growing Together Fund provides EUR 32.1 million loan for First Libreville Integrated Drinking Water Supply and Sanitation Sub-Programme (PIAEPAL) (Linked to Umbrella Record ID#36104)

$32.17M USD

Funder People's Bank of China (PBC)
Recipient Organization Government of Gabon
Country Gabon
Start Date Feb 07, 2019
End Date Dec 07, 2027
Duration 3,225 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 91904
Grant Description

Africa Growing Together Fund provides EUR 32.1 million loan for First Libreville Integrated Drinking Water Supply and Sanitation Sub-Programme (PIAEPAL) On May 22, 2014, the African Development Bank (AfDB) and the People's Bank of China (PBOC) signed an agreement for the Africa Growing Together Fund (AGTF) (see Umbrella Record ID#36104).

The purpose of this $2 billion loan facility was to finance large development projects in Africa between 2014 and 2024. The AGTF is sponsored by the PBOC and the administered by AfDB.

Then, on February 7, 2019, AGTF signed an EUR 32,170,000 loan agreement (ID#5050200000651) with the Government of Gabon for the First Libreville Integrated Drinking Water Supply and Sanitation Sub-Programme (PIAEPAL).

On the same day, the African Development Bank’s African Development Fund issued a EUR 56,070,000 loan (ID#2000200003602) to the Government of Gabon for the same project.

📋 Loan / Grant Terms
💰 Loan Amountare as follows: a 20-year maturity
📅 Maturity20 years
⏳ Grace Period5 years

The first AGTF loan disbursement took place on September 17, 2019.

However, as of May 2022, the AGTF loan had only achieved a 0.12% disbursement rate (EUR 9,732.58 out of EUR 32,170,000).

The project is structured around the following main components: (A) development of DWS infrastructure including: (i) renovation of 149 km of the Libreville water supply network, (ii) reinforcement and extension of 131 km of the Libreville water supply network; and (iii) repair of leakages in administrative buildings; (B) improvement of sector governance and capacity building, including: (i) equipping beneficiary ministries; (ii) training the main stakeholders; (iii) technical studies for infrastructure development and knowledge of water resources; (iv) sector studies and assistance for institutional reform of the sector; and (C) project coordination and management, including: (i) equipment for the Coordination Unit; (ii) technical assistance for project implementation; and (iii) operating costs.

The project will cover four Greater Libreville municipalities: Libreville, Akanda, Owendo and Ntoum. Libreville's total population in 2016 was estimated at 967,095.

It is expected that 300,000 additional people, or 31% of the city's population, will have access to drinking water as a result of the network extension works.

Due to the project, the drinking water access rate for the Libreville urban population is expected to increase from 55% to 90%.

In addition to Libreville residents, the project is expected benefit local industries and other production and service structures such as government departments, including the Ministry of Water and Energy, the Ministry of Works, barracks, the Service Company, schools and hospitals.

Other expected beneficiaries include economic operators that will execute works and provide services during project implementation. The project has encountered various contracting obstacles during the COVID-19 pandemic. As of January 2022, the project had achieved a 25% completion rate. The project was originally expected to reach completion in December 2022.

📋 Staff Comments
  1. The AfDB project identification number is P-GA-E00-001.
  2. The project’s economic rate of return is estimated at 13.
  3. For loan and debt rescheduling records with variable interest rates, AidData calculates the all-in interest rate at T0 based on the reference rate (such as LIBOR or EURIBOR) on the loan start date, plus any known margin. Please see the methodology for additional details.
  4. The margin of 0.8% is calculated by adding the Funding Cost Margin (unknown) to the Lending Margin (0.8%) and Maturity Premium (0.0%).
📚 Sources & References
  • Gabon - Integrated drinking water supply and sanitation programme - First Libreville Integrated Drinking Water Supply and Sanitation Sub-Programme (PIAEPAL) – Drinking Water Component
  • Gabon - Integrated drinking water supply and sanitation programme - First Libreville Integrated Drinking Water Supply and Sanitation Sub-Programme (PIAEPAL) – Drinking Water Component
  • GABON : Rehabilitation of water installations announced for February 2021
  • Gabon : Le PIAEPAL exécuté à 25%
  • APPRAISAL REPORT
  • RAPPORT SUR L’ETAT D’EXECUTION ET SUR LES RESULTATS (EER) - April 2020
  • RAPPORT SUR L’ETAT D’EXECUTION ET SUR LES RESULTATS (EER) - Novembre 2021
  • RAPPORT SUR L’ETAT D’EXECUTION ET SUR LES RESULTATS (EER) - Novembre 2022
  • RAPPORT SUR L’ETAT D’EXECUTION ET SUR LES RESULTATS (EER) - April 2023
  • RAPPORT SUR L’ETAT D’EXECUTION ET SUR LES RESULTATS (EER) - Novembre 2023
  • RAPPORT SUR L’ETAT D’EXECUTION ET SUR LES RESULTATS (EER) - March 2024
  • Execution dette 2019
  • Execution dette 2020
  • Execution dette 2021
  • ACTES DE LA REPUBLIQUE GABONAISE, 2021 Gabon Budget Loi de finances rectificative, 2022 Gabon Budget Loi de finances, 2023 Gabon Budget Loi de finances
  • Programme intégré d'alimentation en eau potable et assainissement de Libreville sous-programme 1 - EER Octobre 2024 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Government of Gabon

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