The Energy Sector Reform Support Programme (PARSE) in Burkina Faso is a continuation of the Energy Sector Support Programme (PASE) financed by the Bank in 2015 through an energy crisis response budget support (CRBS) to the country. PARSE’s main objective is to create conditions for inclusive access to energy in Burkina Faso. PARSE will be implemented in the form of a multi-tranche sector budget support (SBS) programme covering the 2018 and 2019 financial years. It will be financed by a UA 15 million ADF loan. In keeping with the Bank’s policy on programme-based support operations (PSOs), disbursement will be made in two respective tranches of UA 10 million and UA 5 million, subject to fulfilment of a number of conditions precedent. The programme comprises two complementary components: (i) Improve the Energy Sector Regulatory and Investment Management Framework; and (ii) Support the Enhancement of Energy Sector Financial Governance and Promote Energy Inclusion. The measures contained in the two components will contribute to creating the conditions needed to increase public and private investments in the sector, which are essential for inclusive access to energy.

Burkina Faso

African Development Bank Group

Africa Sub-Saharan Africa Western Africa

Energy Construction Energy-Power and Electrical Computer Hardwares and Consumables

17.07.2018

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