PARTNERING THE G20 AFRICA INFRASTRUCTURE INVESTMENT CONFERENCE
IV G20 Africa Infrastructure Investment Conference will achieve its strategic goal by showcasing the latest infrastructure projects across Africa and bringing investors to engage high-level government representatives to engage new partnership opportunities, innovations and commercial finance. High-level political and commercial representatives, including regulators and investors, controlling infrastructure build in Africa will report on the latest stages of infrastructure build including:
(a) Empowerment of local content to partner with investors to build added capacity and value into infrastructure programs, projects, and project communities in-country and across borders;
(b) Project managers, regulators and governments working to generate sustainable value and profits from wider and deeper project bases and value chains, especially relating to SMEs and local skills;
(c) Accessing low cost finance for prefeasibility and feasibility studies;
(d) Current ideas and systems to engage due diligence and the processes required to apply the right structures, finance package and models to maximize profits and value;
(e) Benefits of long-term infrastructure policies and programs versus projects to demand; and
(f) Risk factors affecting investments in Africa infrastructure projects.
Selection of Projects currently being built across Africa
Mmamabula-Walvis Bay Trans-Kalahari Railway is funded by the Governments of Namibia and Botswana, the World Bank and CIC Energy. The line will be about 1,500 km in length, linking the Mmamabula coalfield of landlocked Botswana with the port of Walvis Bay in Namibia. The project is still in its development phase.
A Village Infrastructure Project to support government efforts to reduce poverty and increase the quality of life of the rural poor to include (1) Rural Transport Infrastructure, rehabilitating and improving degraded feeder roads, and (2) Rural Post-Harvest Infrastructure to develop on-farm and village-level drying facilities to reduce post-harvest losses.
Accra Drainage project is a sanitary sewer and storm drainage alleviation project that aims to curb the drainage problem in Ghana's capital city, Accra, and to improve health and sanitation infrastructure.
Takoradi power plants expansion Takoradi 2 power plant is Ghana's first Independent Power Project (IPP) and currently represents approximately 15% of the country's installed capacity. The expanded 2 Power Plant is scheduled for commissioning in 2015.
Grand Inga Dam ($80 billion) has a 40,000MW production capacity. It is the largest dam in the world, doubling production of China's Three Gorges Dam. The government in 2014 announced the commencement of the first phase to commence in 2015. It is expected to provide over 4,500MW of electricity with a cost of $12 billion.
Konza City ($14.5 billion) is an African Silicon Savannah, and is Kenya's answer to the United States' Silicon Valley. The technology and financial mega city, is expected to be completed in early 2018, and will include a business district, a science park, residential apartments, hotels and malls, and a university.
Mombasa- Kigali Rail Link Project ($13.5 billion) will seek to link 3 countries, Kenya, Uganda and Rwanda and, covering an estimated 3,000 kilometers, increase regional trade. It is expected to boost multi-sector business for the landlocked nations and reduce export cost significantly, with a more convenient means of transportation expected to increase human capital mobility, as well as easier movement of goods and services.
Ethiopia Renaissance Dam ($4.8 billion) will generate 6,000MW of energy and will provide neighbors Egypt and Sudan with electricity. The dam is being assembled by Salini Costruttori, an Italian engineering company and will create over 12,000 direct and indirect jobs. It will be completed in 2017.
Ethiopia to Djibouti Railway Line (US$1.6 billion) is a 656 kilometer rail link which will be completed in 2015 and will halve the travel time between the two countries and reduce costs of imports to Ethiopia which comes through the Port of Djiobuti.
Eko Light Rail Project ($1.2 billion) aims to decongest traffic in Nigeria's commercial hub. The "Metro Blue Line" will move commuters from Marina – a densely populated business district – to Okokomaiko, with 13 stops in-between, providing workers with an easier alternative to roads. Abidjan-Lagos Motorway ($8 billion) will connect five West African countries of Ivory Coast, Ghana, Togo, Benin and Nigeria along a predominantly coastal route. Construction should begin in 2015.
Waste to Energy Project could potentially provide electricity to 6,000 households, from methane gas harvested from waste. The potential to take projects like this across Africa is huge.BRICS cable project is a 34,000 meter underwater fiber-optic cable system that will link the cities in the BRICS economies (Russia, India, China, and South Africa) with the USA. This project is aimed at substantially improving broadband capability in Africa.
Upgrade of Kampala Northern Bypass Highway capacity to improve the East-West traffic flow and ease traffic congestion in the city centre. Construction of dual carriageway over 17.5 km, so that the complete 21 km bypass will be of four lane dual carriageway capacity Jasper Power Project, run by renewable energy firm SolarReserve, involves building a 96 MW solar photovoltaic (PV) plant in the Northern Cape of South Africa. The project has received a $12-billion investment from Google, and will generate 18 gigawatts (GW) of clean energy by 2030.
Derek Payne Esq.