OFFICIAL DOCUMENTS THE WORLD BANK I WORLDBANKGROUP June 9 2022 M. El Hadj Lansana Fofana High Commissioner of the Gambia River Basin Development Organisation (OMVG) Dakar, Senegal Re: Organisation Pour la Mise en Valeur du Fleuve Gambie OMVG Interconnection Project Credit No. 5659-GM/Credit No. 5660-GN/Credit No. 5661-GW/Credit No. 5662-SN Amendment to the Project Agreement Dear Sir: 1. We refer to the Project Agreement ("Project Agreement"), dated June 23, 2015, between the International Development Association ("Association") and Organisation Pour la Mise en Valeur du Fleuve Gambie ("OMVG" or "Project Implementing Entity") in connection with the Financing Agreements of same date between each of Republic of the Gambia, Republic of Guinea, Republic of Guinea-Bissau, Republic of Senegal (each a "Recipient", together the "Recipients") for the above-referenced Project. Please note that the capitalized terms used in this letter ("Amendment Letter") and not defined herein have the meanings ascribed to them in the Financing Agreements. 2. Following the specific requests from the Recipients to amend the Financing Agreements, the Association proposes to amend the Project Agreement accordingly as follows: 1. Section IV of the Schedule is amended to read as follows: "Section IV. Other Undertakings 1. The Project Implementing Entity shall take all measures required on its part to ensure that each of the Kaleta Power Purchase Agreements and the Transmission Service Agreements shall: (a) have become effective by the date which is 12 months after the Effective Date; and (b) not be amended, abrogated or waived by any party, except with the prior written agreement of the Association. 2. Shortly after the completion of the works under Part 1 of the Project, OMVG shall: (i) enter, under terms and conditions acceptable to the Association, into an assignment and assumption Agreement with the Asset Management Agency pursuant to which OMVG shall, among other things, assign all of its rights under the Subsidiary Agreements to AMA and the Asset Management Agency shall assume all of OMVG's obligations (financial and otherwise) under the Subsidiary Agreements; and (ii) have been appointed by AMA to continue to perform until the Closing Date, all fiduciary, administrative, disbursements, safeguards, reporting and other Project implementation support responsibilities under the Project, under terms and conditions acceptable to the Association C WORLD BANK GROUP -2- The Project Implementing Entity shall sign a Transmission Service Agreement with each National Electricity Company which establishes applicable tariffs that provide revenues ensuring sufficient and sustainable financing to cover the cost of the implementation of the OMVG Biodiversity Management Plan throughout the operational lifetime of the Project." All other terms and conditions of the Project Agreement that have not been amended hereby shall remain unchanged and in full force and effect. Please indicate your agreement with the foregoing, by countersigning and dating the two original copies of this Amendment Letter and returning one countersigned original copy to the Association. Upon receipt by the Association of said original countersigned by the authorized representative of the Recipient, this Amendment Letter shall become effective as of the date of countersignature. Sincerely, INTERNATIONAL DEVELOPMENT ASSOCIATION for Boutheina Guermazi Director for Regional Integration Africa Region AGREED: ORGANISA TION POUR LA MISE EN VALEUR DU FLEU VE GAMBIE Authorized Representative O.M.V.G. SThe High Commismi oner Name. Title: Date:-At( _____