World Bank imposes conditions on Guinea Bissau to re-establish energy cooperation

11 May 2007

Bissau, Guinea Bissau, 11 May – The World Bank Thursday imposed two conditions on Guinea Bissau in order to re-establish cooperation in the power sector, which was suspended in February due to differences of opinion with the former government, headed by Aristides Gomes, the Guinean energy minister said in Bissau.

According to Vençã Gomes Na Luak, who was speaking on leaving an extraordinary council of ministers held with a mission of the World Bank, the conditions include publishing a dispatch of the Procurator General in which the government unequivocally establishes that re-starting cooperation will any internal legal standard and provides guarantees of transparent management of the country’s water and electricity company, EAGB.

The Energy Minister said that the prime minister himself, Martinho N’Dafa Cabi, had assured the head of the World Bank mission, Madani Tall, that the government was available to comply with its demands.

Last February the World Bank “froze” its cooperation with Guinea Bissau, namely in the power sector, due to a disagreement with the previous government, when it decided to negotiate with a private Nigerian company for the supply of power to the Guinean capital.

Asked about the date on which cooperation would be officially re-established with the World Bank, which has pledged to release funds of US$15 million to supporting Guinea Bissau’s energy program, the energy minister said that it had not yet been set. (macauhub)