Financial Institutions that facilitate investments in Energy Sector

Financial Institutions that facilitate investments in Energy Sector

The institutions that are already present in Burundi are involved in important and ongoing efforts to organize the energy sector and other areas to open the market to private investors.

  • The World Bank Group supports the Government of Burundi in doing tariffs and price analysis of the REGIDES O. This has led to changes in rates, financial restructuring and recapitalisation of the REGIDES O. The Bank is involved in the development of legislation to promote private investments in the energy sector following the law of 2000 and is also contributing to the development of hydropower projects by funding feasibility studies (Fitchner study on 4 sites in 2010).
  • The African Development Bank (AfDB) has participated in the rehabilitation of hydropower plants since 2007, as well as in the rehabilitation of medium and low tension transmission lines, electrification of urban and peri-urban areas, installation of public lighting and training personnel and assisting the REGIDES O. AfDB is participating in the development of strategies for the sector

AfDB is also committed to the regional interconnection of Burundi (NELS AP) with Rwanda and the DR Congo and has, in addition, made plans to invest in themhydropower plants Rusomo Falls and Ruzizi III.

  •  The European Union (EU) financed strategy studies on the energy sector that were carried out in2010. It has made provision in the 11th EDF to invest 135 million in all aspects of electrical energy that is generation, transmission, distribution and governance).
  • For the production of energy, the EU gives priority to clean, renewable energies that are sustainable and environmentally friendly. Finally, the EU is supporting regional projects and programmes that affect Burundi.
  • The French Development Agency (AFD) has recently committed to supporting self-producers SOSUMO and the Burundi Tea Office in particular by financing feasibility studies and facilitating the implementation of purchase contracts from REGIDES O.
  •  The United Nations Development Programme (UND P) is involved in the financing of strategic studies in the renewable energy sector. It has also funded installations of photovoltaic systems.
  • GIZ (German International Cooperation) is mostly involved in photovoltaic solutions for the rural electrification through the ENDE V initiative.
  • The EIB (European Investment Bank) has confirmed its interest in financing the hydropower projects Jiji and Mulembwe (50 MW) and their transmission lines.