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Signature(s)

Amount
€ 62,000,000
Countries
Sector(s)
Benin : € 62,000,000
Water, sewerage : € 62,000,000
Signature date(s)
29/12/2023 : € 62,000,000

Summary sheet

Release date
10 October 2023
Status
Reference
Signed | 29/12/2023
20230186
Project name
Promoter - financial intermediary
ALIMENTATION EN EAU POTABLE NORD DU BENIN
AGENCE NATIONALE D'APPROVISIONNEMENT EN EAU POTABLE EN MILIEU RURAL,SOCIETE NATIONALE DES EAUX DU BENIN
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 62 million
EUR 134 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project comprises the construction in Benin of 38 multi-village rural water supply schemes in the Atacora and Donga departments, as well as the extension of the water supply system of the city of Djougou, in the Atacora department.

The general objective of the operation is to support the Government of Benin's Action Plan 2021-2026 and its goal of ensuring universal access to water. The project will increase access to water supply services by improving reliability and continuity of water supply services, increasing resilience to climate change and ensuring good health of the population in the beneficiary areas.

Additionality and Impact

By constructing in Benin 38 multi-village rural water supply schemes and by extending one urban water supply system, the project renders a high economic and social impact in terms of better public health / enabling economic environment, as well as through increased work/school attendance and gender equality. The project falls within the priorities of Benin's national development plan spanning 2018-2025 and with Benin's Government Action Plan 2021-2025.The project is in line with the priorities laid out in the European Commission's Multi-annual indicative programme (MIP) 2021-2027 for Benin. The project will indeed contribute to the development of basic infrastructures in Northern Benin. Basic infrastructure is a necessary condition for maintaining peace and security, which is the objective c) of indicative sector 3 of the MIP. It is fully in line with the EIB Water Sector Lending Orientation and the EIB's operational strategy of supporting the development of social and economic infrastructure in Sub-Saharan Africa and with the priorities of the NDICI - Global Europe Mandate, which include reducing inequalities and supporting human development, the environment and the fight against climate change. The project is also aligned with Sustainable Development Goal #6 (which calls for ensuring availability and sustainable management of water and sanitation for all).

The project will contribute to support economic growth and environmental sustainability by improving reliability and continuity of water supply services, increasing resilience to climate change and ensuring good health of the population in the beneficiary areas. The Bank's and the EU's contribution to the project is fundamental and complements the earlier interventions of the Bank in the water sector in Benin alongside other financiers. The EIB loan will provide favourable financing terms and conditions including long availability and grace periods. The project will comply with the Bank's high standards.

Environmental aspects
Procurement

The project's compliance with the applicable national environmental legislation and the EIB's environmental and social principles will be respected, as will the Promoters' procedures for impact assessment and environmental monitoring.

Implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Under appraisal
Approved
Signed
24 November 2023
29 December 2023
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Impact Assessment (ESIA) - ALIMENTATION EN EAU POTABLE NORD DU BENIN - RAPPORT D’EVALUATION ENVIRONNEMENTALE ET SOCIALE
Publication Date
17 Oct 2023
Document language
Main Topic
Lending
Document Number
178278257
Document Focus
Environmental Information
Project Number
20230186
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - ALIMENTATION EN EAU POTABLE NORD DU BENIN
Publication Date
28 Nov 2023
Document language
Main Topic
Lending
Document Number
173498507
Document Focus
Environmental Information
Project Number
20230186
Sector(s)
Countries
Publicly available
Download now

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