Project Description
The project seeks to transform the operations of the Zanzibar Electricity Corporation (ZECO), which currently operates with high system losses, affecting the economic and social development on the island nation. The project will be implemented in two separate phases. In the first phase, IFC will perform detailed legal, technical, financial, and environmental and social analyses, summarize its findings, and provide RGoZ with recommendations for attracting a private partner to improve the operations of ZECO. Should RGoZ accept these recommendations, IFC would then support RGoZ to run an open and competitive tender process to select a private sector partner for RGoZ.