The World Bank 1818 H Street N,W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington D.C 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION US A. Cable Address INDEVAS OFFICIAL JUlI 23. 2020 DOCUMENTS 1H. E. Lassane Kabore Minister of Econony. Finance and Development Ministry of Economy. Finance, and Development Ouagadougou Burkina Faso Re: Burkina Faso - Bagre Growth Pole Project: Pl19662 First Amendment to the Additional Financing Agreement IDA 61840: Partial Cancellation, Restructuring Excellency: We refer to the Additional Financing Agreement IDA 61840 dated Max 11. 2018. betmeen Burkina Faso the -Recipient") and the International Development Association (the 'Association). for the abovenientioned Project. We also refer to your letter dated December 12. 2019. reqLIesting the Association to extend the Project's closing date to November 30. 2021. Please note that the capitalized terms LIsed in this letter ("Amendment Letter") and not defined herein have the meaninus ascribed to them in the Additional Financin A-reement. as applicable. On the basis of these elements and our discussions, the Association proposes to keep the Additional Financing Agreement's closing date as November 30. 2020. and amend the Additional Financing Agreement in respect to the provisions below: Additional Financing Agreement 1DA 61840: 1. Part B (4) of Schedule I to the Additional Financing Agreement is hereby deleted in its entirety and the following sections are renumbered accordingl. 2. Part B (5) of Schedule I to the Additional Financing Agreement is hereby amended to read as follows: "Development ofstudies for Project Electric Power through: (i) updating safeguard studies. as needed: (ii) carrying out feasibilitV studies for Proiect Electric Power: (iii) research of opportunities for private participation in the Project Area. 3. The Additional Financing Agreement is partially cancelled in an amount equiv alent to Euros 19,701,000. Accordingly, the table in Section IV.1. of Schedule 2 ofthe Additional Financing Agreement is amended to read as follow\s: Category Revised Percentage of Amount of the Expenditures to be Financing Financed (inclusive of Allocated Taxes) (expressed in Euros) (1) Goods. works. services. 14.999.000 100% Training and Operating Costs for Part A (excluding Part A(2)(b)). Part B and (4) of the Proj ect ___ ____ ___ ____ _______ __ (2)(a) Goods. w\orks. services. 3.300000 100% Training and Operating Costs for Part A (2)(b). Part C(2) and Part C(3) of the Project 100% of amounts paid (2)(b) Services for Sub- under the Matching projects financed out of the 3.800.000 Grant or Cash Transfer proceeds of for expenditures Matching Grants and Cash required for the Sub- Transfers under Part C( 1) of project concerned the Project. (3) Amount cancelled as of 19.701.000 JLl1 23,2020 TOTAL AMOUNT 41.800.000 All other provisions of the Additional Financing Agreement that hav e not been amended hereby. shall remain in full force and effect. Please confirm your agreement to the foregoing by signing, dating and returning to us one fullv executed original of this Amendment Letter and retaining one original of the letter for your records. Upon receipt by the Association of the copy of this Amendment Letter countersigned by you. this Arnendment Letter shall become effective as of the date of your countersignature. Verv trulv yours. INTERNATIONAL DEVELOPMENT ASSOCIATION Soukeyna Kane Country Director for Burkina Faso Africa Region AGREED: BURKINA FASO By Authorized Rprlsentative Name: ( C 6 Tite: L LC Date: