Upcoming Mega Projects Africa

EGYPT

Project: Banha-Port Said Railway Line
Value: USD 153,000,000
Client: Ministry of Transportation
Website: www.mot.gov.eg

Transport Minister received a Siemens delegation led by the company's chief executive officer to discuss upgrading Egypt's railway system on the 214 km Banha-Port Said line at a cost of USD 153 million dollars.

The railway system will be provided with advanced technology for signalling, level-crossings and communications and the number of wagons and passengers on this route will be increased. The existing mechanical interlocking systems will be replaced by modern, state-of-the-art centrally controlled electronic systems.

The modernization is part of a plan to upgrade Egypt’s rail system to increase safety levels and raise the railway’s maximum speed. The upgrade also falls within the government's interest in enhancing the movement of goods via railways to reduce traffic on roads and increase revenues of the Railway Authority by increasing the freight volume on routes. 

Siemens will provide the electronic interlocking systems, point mechanisms, level-crossing technology and communication technology for the routes, which include 21 stations.

RWANDA

Project: Gas Extraction Plant, Processing and Compression Project
Value: USD 400,000,000
Client: Rwanda Mines, Petroleum and Gas Board (RMB)
Website: www.rdb.rw

Gasmeth Energy signed an agreement to the effect with the government through Rwanda Mines, Petroleum and Gas Board (RMB) and Rwanda Development Board (RDB). The firm plans to finance, construct and maintain a gas extraction, processing and compression project at Lake Kivu.

The compressed natural gas is expected to significantly boost the country’s energy output. The investment valued at $400 million (approximately Rwf358bn) investment is projected to create project employment for between 600-800 people during the construction phase and 400 employees after construction.

Natural gas is the most environmentally friendly fossil fuel and will help reduce the use of wood and charcoal as a cooking fuel as well as diesel fuel in the automotive industry.

EGYPT

Project: Park Lane Residential Compound
Value: USD 228,360,000
Client: El Attal Holding
Website: www.elattal.com

Egyptian developer El Attal Holding is planning to build its first project in the New Administrative Capital at a cost of four billion Egyptian pounds ($228.36 million).

Park Lane residential compound, designed by Raef Fahmi Architects (RFA), would be located in the new capital's R7 area and marries the classical Egyptian style, represented in Zamalek and Heliopolis with modern European style.

The construction is scheduled to start in June 2019. Developer waiting for ministerial approval to start construction, the compound consists of 1,100 housing units. The project is due to be completed in two and a half years and would be implemented in three phases, and El Attal Holding will carry out all construction and finishing works.

ZAMBIA

Project: Hotel and Shopping Mall at Kasama Golf Club in Kasama
Value: USD 20,000,000
Client: Mikalile Investments
Website: www.mikalile.com

Mikalile Investments Chief Executive, confirmed the reports and said that they have completed and submitted its Architectural Designs for the development which will see the commencement of construction by May this year.

The Company intends to complete Phase one of the development and open the Shopping Mall, the Mikalile Departmental Store and a Distribution Centre by next year. Phase two of the development will see the completion of the Hotel, four Conference Rooms, Gymnasium and a Filling Station will be completed and commissioned by His Excellency the President by 2021.

About 1200 direct and indirect jobs are expected to be created at construction and operational stages, 700 of which will be available during the construction stage while 500 permanent jobs will be available at operational stage.

ZIMBABWE

Project: Hydro Power Project
Value: USD 128,000,000
Client: Zimbabwe Electricity Supply Authority (ZESA)
Website: www.zesa.co.zw

The Zimbabwe Electricity Supply Authority (ZESA) is seeking USD 128 million to finance construction of the Gairezi hydro power project in the Gairezi River. The project is said to increase the generating capacities of three power stations from 310 MW to 340 MW. ZESA has undergone a feasibility study which was done by Norconsult and later redone by Indian firm Wapcos. completed ground works includes topographic survey, geo-tech survey, generation license and environmental impact assessment.

A funding application for the requisite has been made to the African Export and Import Bank and its reportedly being reviewed by the regional bank. The Gairezi hydro power project involves replacing the current boiler plants with new Circulating Fluidized Bed (CFB) technology. 

EGYPT

Project: The Loft Project
Value: USD 140,000,000
Client: Living Yards Developments
Website: www.livingyardsegypt.com

The Loft project would be developed over an area of 23 acres between the Capital's Expo City and diplomatic areas. The project value at about 2.5 billion Egyptian pounds ($140 million). DMA (Dar Al-Mimar Architects) is the engineering office supervising the project.

The project comprises 900 diverse housing units, a commercial area, restaurants, a club house and gym, swimming pools and children's areas. The first phase of The Loft registered contractual sales of 600 million Egyptian pounds ($33.62 million) for the 300 units on offer.

SOUTH AFRICA

Project: Solar Project at Loeriesfontein
Value: USD 13,500,000
Client: Phelan Energy Group
Website: www.phelanenergygroup.com

The solar project is expected to produce 200 GWh of electricity annually, sufficient to power over 50,000 homes. Construction of solar in Loeriesfontein to commence in Q2 of 2019, with grid connection to be secured in 2020. As part of the project Solar Capital will invest $13.5m in its local community development program. Standard Bank of South Africa was the lead arranger of the $100 million project debt. 

The project located near the town of Loeriesfontein has been contracted under a 20-year power purchase agreement (PPA). Under the agreement, power will be sold directly to the national utility, Eskom, backed by a sovereign guarantee from the South African Government.