Top 12 African infrastructure projects
The list outlines just a handful of the most promising projects currently in development.
By
2050, the United Nations forecasts that Africa’s population will
balloon to 2.4 billion people. Moreover, our continent will not only be
full of new souls, but the average age of our population will be much
lower than the rest of the world.
To start, let’s look at my home country of Nigeria:
Lagos-Calabar Railway
1,400-kilometres long and at the cost of $11
billion USD, the Lagos-Calabar railway is one of Africa’s most ambitious
projects. The rail project will link Lagos in the west to Calabar in
the east, while also connecting the cities of Port Harcourt, Uyo, and
Aba along the way. Once completed, this transportation network will
significantly enhance the movement of goods and services across the
region.
Mambilla hydroelectric power project
As Nigeria looks to boost its energy
production to match the needs of its booming economy and population, the
government has finally invested into making the Mambilla Hydroelectric
Power Project a reality. Over three decades in planning, this $5.8
billion project will connect to three dams across the Donga River in
Taraba State, eventually generating a total installed capacity of
3,050MW of electricity.
Lekki Deep Seaport
In the Ibeju-Lekki axis of Lagos State, one of
Western Africa’s largest infrastructure projects is being planned. The
Lekki Deep Seaport is a $1.2 billion venture that is due for completion
in 2021.
From here, let’s look outward to some of the
other world-leading infrastructure projects currently in development
across the rest of Africa:
Grand Ethiopian Renaissance Dam
In the Benishangul-Gumuz Region of Ethiopia,
this $4.8 billion project has been in the works since 2011 and is
scheduled for completion in the mid-2020s. It will then take another
five to 15 years for the reservoir to fill with water. But once fully
activated, the Grand Ethiopian Renaissance Dam will generate 6,450 MW of
power for Ethiopia and neighbouring countries, and will also be
recognized as the largest hydroelectric power plant in Africa, as well
as the seventh largest in the world.
TuNur solar park
Leading the way into the future, TuNur is
building a massive, 4.5GW solar energy park in Tunisia, over an area
three times the size of Manhattan, New York. By absorbing the energy
from the Saharan sun, this project will then sell electricity to Malta,
Italy and France using submarine cables, powering up to two million
European homes.
Suez Canal expansion
Since 2014, construction has been underway to
add 22 miles to the Suez Canal in a new shipping lane beside the
original 102-mile canal. Once completed by 2023, this expansion is
expected to double annual revenue with the room for added ships.
Mombasa–Nairobi Standard Gauge Railway
Similar to the Lagos-Calabar Railway, Kenya is
investing $10 billion into a 969-kilometre standard gauge railway from
Mombasa to Malaba. This project is vital because only 5% of the
country's shipping is currently done using freight, but once complete,
this new railway will help to push that figure up to 40% by 2025. This
new line will also cut travel time between the country's two most
important cities down to 4.5 hours, instead of nine hours by bus. So
far, the 472km rail line from Mombasa to Nairobi is complete, with the
remaining phases still in development.
Bagamoyo Port
Through a collaboration between Tanzania,
China and Oman, the ambitious Bagamoyo port is now being developed in
Tanzania, along with 190 industries built throughout a 1,700-hectare
special economic zone adjacent to the port. With an initial investment
of $11 billion, this mega infrastructure project is designed to become
Africa's largest port, one capable of handling 20 million containers per
year once it’s fully completed by 2045. Without a doubt, this project
will position Bagamoyo (and Tanzania overall) into a regional economic
powerhouse.
Grand Inga Dam
This project has been in the works since the
1950s and even today continues to find difficulties to finance the $100
billion needed to make it a reality. However, once completed by the late
2020s, the Grand Inga Dam could one day become the world’s largest
hydroelectric dam, tapping into the mighty Congo River to generate an
average output of 39,000 MW annually, twice as much as China’s Three
Gorges Dam.
Finally, let’s end off our list with a few
honourable mentions of new and innovative smart cities currently in
development across Africa:
Modderfontein New City
This ambitious South African city building
project is being financed by the Chinese development firm Zendai
Property Limited to the tune of $8 billion. With construction already
underway just 20km northeast of Johannesburg, the city of Modderfontein
will feature 13 million sqm of commercial, retail, warehousing, office,
residential, recreational, and institutional land use. And once
completed by the early 2030s, Modderfontein will serve as a hub for
Chinese firms investing in African infrastructure.
Konza Technology City
Construction is already underway to build the
"African Silicon Savanna," Kenya's first smart city and one that is
being purpose-built to attract technology workers and investors. With a
budget of $14.5 billion, and located 64 km south of the capital Nairobi,
Konza will work to diversify Kenya's economic growth by establishing
districts for business process outsourcing, disaster recovery centres,
call centres, software development, data centres, light manufacturing
industries, and research institutions. If successful, Konza will create
17,000 direct, high-value jobs, along with 68,000 indirect jobs by 2030.
Eko Atlantic City
Finally, Nigeria has its own smart city, mega
project (and one that I’m personally involved with) called Eko Atlantic.
This new coastal city is being built on Victoria Island adjacent to
Lagos, Nigeria. It is a focal point for investors capitalizing on rich
development growth based on massive demand – and it’s a gateway to
emerging markets of the continent.
...................
Ronald Chagoury Jr is
the Vice Chairman of South Energyx Nigeria Limited, which is part of
the Chagoury Group, a multinational business conglomerate based in
Lagos, Nigeria. The company is currently working on Eko Atlantic, a new
city construction project located off Victoria Island, adjacent to
Lagos.
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