KENYA
Project: New Nairobi Airport
Value: USD 2,000,000,000
Client: Kenya Airports Authority
Website: www.kaa.go.ke
The new $2 billion international airport is expected to be built on a public private partnership (PPP) and shall relieve the high pressure that is usually on the aging Jomo Kenyatta International Airport (JKIA), which has been recently losing its general aviation status and ranking over capacity and even infrastructure lapses. The poor infrastructure at the international airport in Kenya that was shown by these leaking roofs has raised alarm regarding the infrastructure on the airport which at times leads to stalling of the airport activities and operations.
MADAGASCAR
Project: Toll Highway
Value: USD 1,000,000,000
Client: Ministry of Public Works
Gabeire A Group (GAG) has been awarded a prestigious multibillion-dollar project for the construction of a 250km road from Antananarivo to Toamasina in Madagascar. As the first toll highway in the country, it will drastically reduce the distance between Antananarivo and Toamasina by 110km, cutting travel time from nine hours to a mere three. This groundbreaking project, valued at $1 billion and funded by the World Bank, marks a significant step towards enhancing connectivity and progress in Madagascar. GAG’s involvement spans various modes of Services Trade, including cross-border trade, commercial presence, and the presence of natural persons, which is expected to stimulate Kenya’s export trade sector.
SOUTH AFRICA
Project: Solar Farm
Value: 275,000,000
Client: SolarAfrica
Website: www.solarafrica.com
SolarAfrica Energy has officially broken ground on its first utility-scale solar farm in South Africa’s Northern Cape province. Located between Hanover and De Aar and known as SunCentral, phase one of the project will deliver around 342MW in generation capacity, while phases two and three will take the total capacity to 1GW.
The contractors for phase one are the local Proconics and China’s Sinohydro. Proconics will install the main transmission substation, while Sinohydro will be responsible for the installation of more than 500,000 solar panels.
The power generated at SunCentral will be supplied at a tariff up to 50% cheaper than utility power, with businesses signing a virtual power purchase agreement with SolarAfrica.
EGYPT
Project: Ras Ghareb Wind Farm
Value: USD 214,750,000
Client: Infinity Power
Website: www.weareinfinitypower.com
The project will develop and construct a 200MW onshore wind farm in Ras Ghareb located in the Gulf of Suez region. Once completed, the wind farm will sell the produced power to the Egyptian Electricity Transmission Company (EETC) under a long term power purchase agreement backed by a sovereign guarantee from the Ministry of Finance.
The project will contribute to achieving Egypt’s target of 42% of power generation coming from renewable energy by 2030. The Ras Ghareb wind farm is expected to achieve sizeable environmental benefits, with expected annual avoided CO2 emissions close to 400k tonnes.
EGYPT
Project: Residential Project
Value: USD 198,000,000
Client: Mabany Edris
Website: www.mabanyedris.com
Mabany Edris, a real estate developer, has launched the Koun project in Ras El Hikma, Egypt’s north coast. The residential project covers an area of 447,658 square metres and includes waterfront residences with lagoon and sea views. The development, including a commercial area, a clubhouse, and a hotel, would be built in three phases. The residential portion will feature twin houses, townhouses, chalets, duplexes, and standalone units.
TUNISIA
Project: Solar Photovoltaic Power Plant
Value: USD 86,000,000
Client: Ministry of Energy Mines and Renewable Energies
Website: www.energymines.gov.tn
AMEA Power starts construction of a 120MW solar power plant in Kairouan, Tunisia. The facility is expected to be commissioned late next year. The solar power plant in Kairouan is part of the first series of solar projects totaling 500MW. They are all registered under a concession program launched by the Tunisian government. In order to support Tunisia’s energy transition, the initiative intends to diversify energy by putting a priority on sustainable energy.
MOROCCO
Project: Extension of Ibn Battuta Airport
Value: USD 80,100,000
Client: National Airports Office (ONDA)
Website: www.onda.ma
The Tangier Municipality has contributed a sum of 13 million dirhams towards the expansion of Ibn Battuta Airport in preparation for the AFCON 2025 and the 2030 World Cup.
The project involves the construction of a passenger terminal spanning around 55,000 square meters. Additionally, a new terminal, a control tower, aircraft parking, delivery ramps and parking for 1,400 cars will be built. The airport will also undergo external improvements, including city-side and runway-side esplanades, passenger waiting shelters, a 2,300-vehicle capacity car park, rental car facilities, official circuits, green spaces, a drop-off area, and parking areas reserved for buses and taxis.
SOUTH AFRICA
Project: Table Bay Hotel
Value: USD 55,200,000
Client: VA Waterfront
Website: www.waterfront.co.za
VA Waterfront is partnering with the UKs InterContinental Hotels Group IHG Hotels Resorts to redevelop the Table Bay Hotel at the Victoria Albert Waterfront in Cape Town South Africa.
The InterContinental Table Bay Cape Town will reopen at the end of 2025 and feature 306 rooms, including 45 new suites, a pool bar and terrace, a spa, and a lounge, along with redeveloped reception areas and restaurants. The hotel will be managed by the local Sun International.
V&A Waterfront itself is planning a $1.1bn expansion of its mixed-use waterfront development. It is looking to secure an additional 440,000 square metres in development rights across its total 1.2 million-square-metre footprint and has submitted a land use application to the Cape Town government.
The expansion is planned to be executed in phases over the next 15-20 years, with groundbreaking to take place in 2025.