Upcoming Mega Projects Africa

SENEGAL

Project: Akon City Project
Value: USD 6,000,000,000
Client: Akon
Website: www.akon.com

The American company KE International has been awarded the contract to build this futuristic and ecological city, which will be located near Mbodième, a small coastal village in the west of Senegal. This locality will see the growth of a town whose development will revolve around a crypto-currency called Akoin that will be launched this year. The construction of the new Akon City will require an investment of $6bn. The city, which is intended to be environmentally friendly, will be built on an area of 2,000 hectares. KE International has already secured $4bn for the first and second phase of the project. The consulting and engineering firm has thus chosen to implement this mega project with Bakri & Associates Development Consultants.

The company based in Dubai, UAE, will be responsible for the architectural design of Akon City. According to KE International, the first phase of the project, which will be completed in 2023, will result in the construction of roads, a Hamptons Hospital campus, a Hamptons Shopping Centre, residences, hotels, a police station, a school, a landfill for the city’s waste and a solar power plant to supply the whole. The second phase of the Akon City project is scheduled to begin in 2024 and be completed in 2029. It will allow the complete construction of the city which will operate exclusively with Akoin crypto-money. The city will consist of parks, universities, schools, a stadium, hotels and an industrial complex.

KENYA

Project: Construct Koru-soin Dam
Value: USD 388,000,000
Client: National Water Harvesting and Storage Authority
Website: www.watercorporation.go.ke

The construction work on the proposed Koru-Soin multipurpose dam on river Nyando, in the western region of Kenya, is set to begin in September 2020. The National Environment Management Authority (NEMA) has granted interim approval for the project and the National Water Harvesting and Storage Authority (NWHSA) is currently working with the National Land Commission to ensure that the project affected persons are compensated for the loss of their land. The project covers approximately 2,500 acre of land, equal to a total of 360 parcels of which 230 are in Kisumu county and 130 in Kericho county. The Koru-Soin multipurpose dam is designed to control flooding, supply water for domestic and industrial consumers in the city of Kisumu and the satellite towns nearby and generate power at an associated two MW hydropower plant.

Upon completion, the project is expected to provide 102,000 cu mtr per day of water to a population of 1.71 million and to end water shortages in the neighboring counties of Kericho, Nandi and Kisumu.

EGYPT

Project: East Cairo Residential Project
Value: USD 344,000,000
Client: Minka Development
Website: www.minkaegypt.com

Egypt’s Minka Development plans to start construction of its newly launched residential project in East Cairo in the third quarter. Yet-to-named project would be developed at an investment of 5.5bn Egyptian pounds ($344m). The residential compound, spread over an area of 27 acres, would be delivered by end-2024. The land was purchased from master developer Madinat Nasr Housing and Development (MNHD).

UGANDA

Project: Secondary Education Expansion Project
Value: USD 171,600,000
Client: Ministry of Education and Sports

The project development objective is to enhance equitable access to lower secondary education by focusing on underserved areas and populations, including refugees and hosting communities. The project will address the most urgent needs in the sector by building lower secondary schools in targeted districts which have a below average GER, have a high unsatisfied demand for lower secondary education. Optimization of capital costs will be achieved through cost-effective classrooms design, multifunctional science labs, collaborative ICT enhanced learning spaces, optimized administrative spaces and teachers housing, and ultimately adoption of a School Construction Strategy.

EGYPT

Project:  Office Complex in the New Administrative Capital
Value: USD 137,000,000
Client: El Asreya Developments
Website: www.elasreya.com

Construction of the 3-story office and retail complex is set to spread over an area of about 12,000sqm and to be completed in 2023. The project is located at the BoardWalk Hub in the new capital. The 45-acre development includes 1,200 residential units and would be developed in four phases. BoardWalk Hub was founded to challenge conventional administrative and commercial frameworks in Egypt. Six modern buildings are equipped with immaculate technologies to stimulate business operations while keeping up with complex business environments.

SIERRA LEONE

Project:  Sustainable Development Tourism Project
Value: USD 40,000,000
Client: Ministry of Tourism & Cultural Affairs

The proposed project will take an integrated destination approach to improving the performance of Sierra Leone’s tourism sector. This will include facilitating the reduction of barriers to business success, assisting existing tourism providers with market access, and improving the quality of selected tourism products in order to place the country’s tourism sector on a sustainable and inclusive growth trajectory. This will be achieved through a mix of institutional, and policy reforms, market development and national re-branding as well as building B2B linkages and strategically developing tourism products in selected areas.