roups Unlock Opportunities, Create Impact   

                                                                              

Infrastructure Morning Essentials

Monday, May-26-17

Opportunities

[Kenya] Oil firms troop to Marsabit as improved roads open up northern Kenya (more)

[Zimbabwe] Govt Expands Ease of Doing Business Reforms (more)

AGCO sets eyes on Africa with its Challenger farm machinery business (more)

[Nigeria] Islamic Development Bank looks to Nigeria as its African hub (more)

[Senegal] Senegal banks on $300 million rapid bus plan to improve urban transport (more)

[Rwanda] New Rwanda Energy Group Boss Says to Priotitise Off-Grid Energy (more)

[Cameroon] Cameroon’s priority until 2029 will remain the construction of infrastructure, according to Ministry of Economy (more)

[Nigeria] European Parliament rolls out development programme for Nigeria (more)

[South Africa] Concentrated Solar Power projects boost South Africa’s economy (more)

Deals and Transactions

[South Africa] Emira Property Fund announces ZAR364 million BEE transaction (more)

[Nigeria] NNPC rekindles hope in Nigeria Power sector (more)

[Rwanda] Rwanda and India Exim Bank ink $81 million deal to fund TVET (more)

[Morocco] the port of Agadir has a new multipurpose terminal (more)

[Nigeria] Nigerian minister unveils rooftop solar energy project (more)

[Kenya] Stanlib Fahari to invest Sh1.8bn in new property by September (more)

[Nigeria] Nigeria, GE Consortium to negotiate terms for rail concession (more)

 

Impact

World Bank earmarks $200m for Fadama III financing in Nigeria (more)

[Turkey, Somalia] Somalia: Turkey to Help Somalia Rebuild Infrastructure, SNA (more)

[Tanzania] Why Banks Avoid Agriculture, Transport Sectors in Lending (more)

[Nigeria] A closer look at Lumos’ pay-as-you-go solar business in Nigeria (more)

 

Funds

Innovative impact fund targets African SMEs and producers (more)

Macroeconomics

[South Africa] South Africa Inflation at 17-Month Low Shows End to Rate Hikes (more)

 

roups Unlock Opportunities, Create Impact   

                                                                              

Infrastructure Morning Essentials

Monday, May-23-17

Opportunities

[Nigeria] Lagos Govt. to construct 8 new ferry jetties (more)

[Ivory Coast, Somalia, Ghana, Djibouti] ISA pact signed by 3 more nations, India sets aside $2 bn for solar projects in Africa (more)

[Ethiopia] Ethiopia tipped to be top recipient of private equity (more)

[Nigeria] Invest More In Agriculture, ECOWAS Urges FG (more)

[Equatorial Guinea] Bioko Oil Terminal Project Attracts New Interest; Aims to Transform African Oil Industry (more)

[Burkina Faso, Eritrea] Solar-diesel and Wind-diesel Microgrids for Off-grid Mines Gain Momentum – New Projects Expected (more)

Indian govt to fund solar projects in Africa with $2bn (more)

Small-scale renewables cheapest for rural Africa, says Dutch report (more)

 

Deals and Transactions

[Kenya] Shell gets the nod to sell remaining stake in Vivo (more)

[Angola] Cochan Group’s Biocom set to produce 73,000 tons of sugar and 200 MW of electricity (more)

[Kenya] Tana River County plans to use ‘mathenge’ plant to generate electricity (more)

[Kenya] Britam launches building Sh3.3bn apartment units (more)

[Ghana] Regional Maritime University chooses REDAVIA Solar to power campus and establish Renewable Energy Institute (more)

[South Africa] Desalination plant to enhance water security in Richards Bay (more)

[Ethiopia] Authority Completes Six Road Projects (more)

Impact

[Ethiopia] Regional powerhouse (more)

Local sourcing: A multi-billion dollar opportunity for companies in Africa (more)

Middle class in Africa is a nebulous concept (more)

[Kenya] Kenya shows renewables scope to plug Africa’s power supply gaps (more)

North Africa’s construction market gains huge impetus with investment worth US$473bn (more)

Regulatory

[Nigeria] Lagos terminates N844bn 4th Mainland Bridge contract (more)

[Namibia] Namibia to sanction net metering (more)

[Kenya] State subsidises 70pc of power bills on low usage (more)

Funds

The African Rivers Fund (ARF) makes first investment in Uganda (more)

KfW doubles green bond portfolio (more)

Africa-focused Adenia Partners pick up €230m for Fund IV hard cap close (more)

Macroeconomics

[Ghana] Ghana’s central bank cuts interest rate by 100 bp to 22.5%, inflation seen easing (more)

[South Sudan] South Sudan’s Kiir declares unilateral ceasefire, prisoner release (more)

[Nigeria] Nigeria’s recession extends to Q1 2017 (more)

[Kenya] Kenya Said to Consider Eurobond Sale to Repay Existing Debt (more)

[DRC] Conflict forces more people to flee homes in Congo than in Syria (more)

 

 Unlock Opportunities, Create Impact   

                                                                              

Infrastructure Morning Essentials

Monday, May-17-17

Opportunities

[Nigeria] Osinbajo announces new strategy to derisk Nigeria’s cash-crunched power sector (more)

[Nigeria] Meter financing as an investment opportunity in the Nigerian power sector (more)

[Nigeria] FG will bridge infrastructure deficit through PPP, says Adeosun (more)

Why there has never been a better time to invest in Africa (more)

[Kenya] Mombasa eyes transshipment business after port upgrade (more)

[Kenya] Warehousing demand up as importers resort to leasing (more)

[Nigeria] China promises to spend $6.7bn to develop Nigeria’s agriculture (more)

[Ethiopia] Ethiopia: Tapping Hydro-Power Potential for Green Development (more)

[Senegal] Eurobonds: Senegal raises about 660 billion to finance infrastructure (more)

[Kenya] Tullow strikes more oil in Turkana (more)

[South Africa] Kubayi expresses support for 3 700 MW gas-to-power vision amid IPP uncertainty (more)

[Nigeria, Morocco] Nigeria and Morocco sign new agreement on gas pipeline project (more)

Deals and Transactions

[Nigeria]  Dredging of River Niger to cost N100m (more)

[Kenya] Google to open Nairobi office for Africa venture (more)

d.light has partnered with Kenyan microfinancier, Musoni (more)

ICD signs MoU with CADFund to boost infrastructure investment and growth in selected African countries (more)

Google’s Nairobi Based Carrier-Neutral Fiber Project Csquared Closes USD 100m Investment (more)

Impact

[Report] Infrastructure Financing in Sub-Saharan Africa: Best Practices from ten years in the field (more)

This simple energy solution for less than $2 a day (more)

[Report] Increasing the Potential of Concessions to Expand Rural Electrification in Sub-Saharan Africa (more)

[South Africa] South Africa: Dube TradePort strengthens regional supply chain (more)

It all comes down to addressing infrastructure at #AUW2017 (more)

Certainty needed to drive energy projects in Africa (more)

Funds

Frontier Energy II announces first close with $116m commitments (more)

Calvert to invest $50m across different sectors in Africa (more)

Macroeconomics

[Uganda] IMFCertaintya growth forecast, blames drought (more)

[Somalia] Somalia Gets $1.3 Billion for Economy, Security (more)

 

 Unlock Opportunities, Create Impact   

                                                                              

Infrastructure Morning Essentials

Monday, May-13-17

Opportunities

[Madagascar] Madagascar wants more off-grid solar for rural areas, preps to host first grid-connected PV plants (more)

Africa: EU to Increase Investments in Africa (more)

[Tanzania] Tanzania: Cities Get 300 Billion/ – Jab From World Bank (more)

[Nigeria] Lagos earmarks N12.6bn for sports development (more)

[Ethiopia] Africa: Ethiopia’s Potential to Become Africa’s Textile, Apparel Hub (more)

[Kenya] Schools in Murang’a get Sh149 million for infrastructure (more)

Deals and Transactions

[Somaliland] DP World Secures $442 Million Somaliland Port Concession (more)

Impact

[Zambia] Zambia’s First Public-Private Mini-Grid (more)

Africa: ‘Lack of Political Will Delays Access to Affordable Phone Calls in Africa’ (more)

Using Agriculture and Agribusiness to Bring About Industrialisation in Africa (more)

Celan Energy Summit – An Insider’s View (more)

 

Funds

LeapFrog targets private equity gains in Africa and Asia (more)

EU Emergency Trust Fund for Africa (more)

Macroeconomics

[Ivory Coast] Ivory Coast holds emergency security meeting amid soldiers’ revolt (more)

[Ghana] Ghana’s capital market in modest resurgence on improving macroeconomic environment (more)

[Somalia] London conference aims for stable Somalia under new chief (more)

 

 

 

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Infrastructure Morning Essentials

Monday, May-09-17

Opportunities

[Kenya] Kenya banks on Kisumu jetty to reclaim oil business (more)

[Zambia] Zambia: World Bank Gives Zambia $200 Million for Rural Roads (more)

[Nigeria] Nigeria Seeks $5.2 Billion From World Bank for Electricity (more)

[Tanzania, Rwanda] Tanzania-Rwanda rail development to boost East African train links (more)

[Rwanda] Rwanda: Government to Roll Out Rwf206bn Affordable Housing Fund (more)

AfDB calls for more funding to spur Africa’s development (more)

[Kenya] Why taps in Nairobi will remain dry despite rains (more)

Investors from US eye assets in Africa (more)

[Senegal] Kosmos Energy Announces Major Gas Discovery Offshore Senegal (more)

EAC countries to meet over one area mobile network (more)

[Jordan] How To Invest In Jordan (more)

West Africa loses over $2 billion to illegal fishing because governments don’t talk to each other (more)

[Nigeria] FG Targets 130, 000 Hectares Of Irrigated Agriculture By 2020-Minister (more)

[South Africa] South Africa: Investment in transport sector strengthens (more)

[Nigeria] Lekki Free Zone: Lagos invests $4bn on infrastructure (more)

[United Arab Emirates] UAE Approves $111 Million In Infrastructure Projects (more)

ACF 2017 contest to fund renewable energy start-ups in Sub-Saharan Africa (more)

Lafarge Africa to seek shareholder approval for N140bn via rights issue (more)

[Kenya] Kenya set to host regional hub for postal services (more)

Regulatory

[Ghana] PPP Law will address inefficiencies in sole-sourced procurements (more)

 

Deals and Projects

[Kenya] Indian giant buys out Nairobi tours operator (more)

[South Africa] Nordex completes fifth wind farm project in South Africa (more)

[Zimbabwe] SEFA grants US$ 1 million to a 20MW off-grid rooftop solar project in Zimbabwe (more)

[Nigeria] Nigeria awards $949m gas pipeline project to Chinese firm (more)

[Iran] MTN to invest 540m rand in Iranian Network (more)

[Kenya] Catalyst acquires Kenya’s Britania brand (more)

Zoetis gets $14.4m to develop livestock infrastructure in sub-Saharan Africa (more)

Pan Africa Solar launches 50w solar home system (more)

 

Impact

[Report] Unlocking the Irrigation Potential in Sub-Saharan Africa: Are Public-Private Partnerships the Way Forward? (more)

[Rwanda] YARA Rwanda takes high-quality fertilizer distribution services closer to farmers (more)

Investing in Africa’s tech ecosystem (more)

Encouraging youth economic participation through Shared Growth (more)

[Ethiopia] Ethiopia: PPP Intervention for Maize Farmers Exceeds Target by 150% (more)

Africa’s Infrastructure Development: Racing Tortoises (more)

 

 

Funds

Calvert Foundation moves into syndication to pool dollars for impact loan funds (more)

Macroeconomics

IMF urges Nigeria, SSA to implement strong and sound policies to restart growth (more)

Sub-Saharan Africa at Risk of Long-Term Slowdown, IMF Warns (more)

[Mali] Mali says militants kill 7 soldiers in attack in north (more)

[Somalia] Al Shabaab militants attack Somali army base, killing several soldiers (more)

Egypt And Sudan: Is This The Stage For Africa’s Next War? (more)

[Egypt, Sudan] Egypt rejects new Sudanese maneuver concerning Halayeb and Shalateen (more)

Private Equity

South African private equity continues to endure despite slowing growth 

(more)

Private Equity Mature in Africa? (more)

Property opportunities in Africa: What we can learn from Mara Delta’s portfolio (more)

 

Unlock Opportunities, Create Impact   

                                                                              

Infrastructure Morning Essentials

Monday, May-05-17

Opportunities

[AfDB] Africa needs $35 billion to close power deficit, says AfDB President (more)

[Djibouti] Chinese investment in Africa – Djibouti (more)

[Rwanda] Renewable Developers have a week to submit to ACF 2017 Contest (more)

[Sudan] Sudan to launch a new railway strategy (more)

[Gabon] Gabon tenders PPP contracts for the construction of social housing (more)

[Uganda] President wants to allocate free land without delay for investors to boost industrialization (more)

[Nigeria] Canon, says Nigeria ranks top among its targeted countries for investment in the next few years (more)

[South Africa] Gauteng to spend R46-billion on infrastructure projects (more)

[Tanzania] World Class Roads for Cities On Cards (more)

 

 

Deals and Projects

[DRC] ABB wins $30 million order for HVDC power link upgrade in Africa. (more)

[Zimbabwe] FAW Group Corporation is in the initial stages of setting up a vehicle assembly plant in Zimbabwe (more)

[South Africa] South African EdTech Company GetSmarter To Be Acquired By 2U (more)

[Zambia] State closes in on $20m towers deal (more)

[Zambia] Zambia Development Agency (ZDA), which targets to attract US$4.5 billion this year, has already received new investments worth US$1.6 billion in various sectors (more)

[Tanzania] Tanzania starts construction of railway line link to Uganda (more)

[Rwanda] Chinese Company Starts Road Upgrading in Rwandan Capital (more)

[Tanzania] Dodoma Airport to Operate 24hrs after renovation plan (more)

[Jordan] Jordan to host Middle East’s largest net metering PV of 17 MW capacity (more)

 

Funds

[IFC, Amundi] Amundi and IFC to launch $2bn Green Cornerstone Bond Fund (more)

 

Impact

[Nigeria, South Sudan, Kenya, Ethiopia, Somalia, AfDB] AfDB to disburse $1.1bn climate change fund (more)

[EU] EU commits to assist in infrastructure delivery in Africa  (more)

[Compact with Africa, Tunisia, Morocco, Ivory Coast, Rwanda and Senegal] Germany pushes G20 plan to lure more private investment to Africa (more)

African Project Developers’ Award winners announced (more)

[Report, AfDB] Companies to Inspire Africa (more)

[Report] East Africa and the Horn in 2022 (more)

[Interview] The Currency Exchange Fund (TCX) : the solar off-grid grid space (more)

 

Macroeconomic

[Malawi] World Bank gives Malawi K58.7bn credit for budget support (more)