• rogeap@ecowas.int

Application: ECOWAS has engaged a consortium of law firms

Application: ECOWAS has engaged a consortium of law firms
Project implementation ROGEAP: lECOWAS threw a group companies para to provide technical and financial assistance to companiesoff-grid photovoltaic solar energy companies and financial institutions in the 19 countries involved in the project. As part of the implementation of the Regional Access to E projectElectricity Access Project (ROGEAP)oment TSC Global/Intech-GOPA/AFC/BB and Co a officially signed a contract this Tuesday 1er August 2023 Abuja (Nigeria) as Project Fund Manager (PFM) from project ROGEAP « . La signing ceremony from service contractour services took place in the presence of Amara S. SACKOR CHIEF EXECUTIVE/PResident at TSC GLOBAL e on behalf of the group e do by Commissioner Sédiko DOUKA Head of Infrastructure and Energy Energy and Digitalisation at the ECOWAS and Chair of the Steering Committee for the ‘ROGEAP’ project. Following a tendering process in accordance with the donor’s procedures, the consortium TSC Global/Intech-GOPA/AFC/BB and Co. was selected by the Commission of the ‘ECOWAS’ as the Fund manager at theROGEAP To provide technical and financial assistance to the private sector, as well as to commercial banks and microfinance institutions in the countries covered by the project, in support of the Project Management Unit (PMU) based in Abuja and the BOAD in Lomé. Comprising several companies specialising in financial support and the management of environmental and social risks for independent companies in the solar energy sector, the » The main role of the Project Fund Manager ROGEAP(PFM) to support the ECOWAS in implementing the project: Sub-component A (b): support for the development of the regional ecosystem to promote sustainable growth in the off-grid sector, the subcomponent A (c) to share market information and facilitate dialogue between stakeholders, the subcomponent A (d): to boost regional demand through consumer awareness and promotional campaigns, and the subcomponent A (e) To remove supply-side constraints by strengthening the capacity of commercial financial institutions and other relevant stakeholders. The » The fund manager for the ‘ROGEAP’ project will also be involved in the implementation of Subcomponent 1-B: technical support to build up businesses’ capacity, with tailored support throughout the business development cycle (start-up, early stage, growth and maturity), o the submarinecomponent 1-C financial support for businesses, which will result in a catalyst grant to support a critical mass of entrepreneurs in the development of solar products, business models, etc., and o the submarinecomponent 1-D Removing barriers to difficult markets through two types of subsidy, namely market entry subsidies and performance-based subsidies. Also present at the contract signing ceremony were El Hadji SYLLA, Senior Adviser and Coordinator of theROGEAP; the Executive Assistant to the Commissioner for Infrastructure, Energy and Digitalisation; and members and associated experts from the GFP. As a reminder, the ‘ROGEAP’ was launched in 2017 under the name ‘Regional Off-Grid Electrification Project’ (ROGEP), before being restructured and relaunched in November 2020 by the ‘ECOWAS’ and its Technical and Financial Partners under its current name of ‘ROGEAP’. Its aim is to increase access to sustainable electricity services in the fifteen member countries of the ECOWAS and in four other Sub-Saharan African countries (Mauritania, the Central African Republic, Cameroon and Chad) for households, commercial enterprises and public health, education and community infrastructure, using off-grid solar systems and a harmonised regional approach. The project is managed by a Steering Committee comprising representatives from the ECOWAS Commission, BOAD and the World Bank. With a budget of US$338.7 million, the project is funded by the World Bank, the Clean Technology Fund (CTF) and the Netherlands Development Cooperation (DGIS). The ECOWAS Commission, the ECREEE and the West African Development Bank (BOAD) are responsible for implementing the project to develop a regional market and provide access to finance for off-grid solar systems, respectively. ECOWAS press release

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