Archive for the ‘Infrastructure’ category
Professional services firm KPMG has identified three mega-trends that have sparked investor interest in Africa.
Mining companies should invest in infrastructure development to win the support of the local population and to mitigate political risk.
Companies looking to expand into Africa should seriously consider setting up shop in Accra, Lusaka and Luanda.
Eldoret-Juba road of Kenya and South Sudan will be upgraded and a one-stop border post at Nadapal will be built.
One factor that is commonly stated about sub-Saharan Africa is that the region is rapidly urbanising, a key structural economic change.
As East Africa starts to see more investment coming in, the region has undertaken a number of projects aimed at improving its transportation infrastructure.
KPMG recently released its Infrastructure 100: World Cities Edition. How we made it in Africa takes a look at the six African projects that were included in the top 100.
There have been a lot of mixed opinions about Chinese investment in Africa. While some praise it as being the reason Africa is seeing real growth, others curse it as being modern day colonialism.
South Africa’s Pretoria Portland Cement Company (PPC), has joined hands with South Africa’s Industrial Development Corporation (IDC), to acquire a 47% equity stake in Habesha Cement Share Company (HCSCo) of Ethiopia in a US$21m deal.
It is widely expected that Nigeria will overtake South Africa as the continent’s biggest economy. According to some estimates this could happen by as early as 2018.
“Looking at cities rather than countries can be eye-opening.”
“Containers spend, on average, several weeks in ports in Africa. In fact, over 50% of total land transport time from port to hinterland cities in landlocked countries is spent in ports.”
“Regardless of who the investor is, Africa continues to offer numerous opportunities in the post-global financial crisis world, though the options are as varied as the countries themselves.”
Rail transport, which stakeholders believe has the potential to transform the economies of east Africa, has for years been characterised by poor infrastructure and inefficiencies.
“The attractiveness of urban areas is one of the things investors look at before they make a decision on where to invest.”