Jun 19, 2009
China responding positively to Africa’s desire for infrastructureBack
DRC|Gauteng|London|Maputo|Port|Africa|Cable|Cement|PROJECT|Projects|Resources|Roads|Water|Africa|China|Democratic Republic Of Congo|DRC|South Africa|Spain|Zambia|USD|Inga Dam|Building|Energy|Oil Storage Tanks|Power Infrastructure|Transport|Infrastructure|John Rocha|Power|Rail|Water|Cable|West Coast|Communication Technology
© Reuse this
“Because of the huge upfront costs, the private sector has shied away from investing in the sector but, in many cases, African governments cannot afford to foot the bill themselves,” he said.
While international response to Nepad infrastructure had been initially lukewarm, it, nevertheless, improved in the latter part of the decade, Rocha said.
There were at least 20 bankable projects in Africa, and China, in particular, had
responded to the opportunities and had
invested more than $10-billion.
Rocha pointed out that, in the Maputo Development Corridor, there had been an opportunity for an aluminium smelter, which had resulted in a highway being built between Gauteng and Maputo, at a cost of $5-billion.
Two corridors are currently in the pipeline – the central corridor, which would soon go out to tender and would comprise a refinery and oil storage tanks in a plan to upgrade the Dar-es-Salaam port – and the $1,6-billion north–south development corridor, in Zambia.
Rocha said there were four key priorities to Africa’s infrastructure development: energy, informationa and communication technology (ICT) and transport, and water and sanitation.
However, Rocha said the submarine cable running up the west coast of the continent would connect African countries directly with their destinations and thus help reduce business costs.
ICT companies had, however, invested in the continent while there were serious constraints in other sectors.
Transport was also a huge cost to business and it was sometimes cheaper to fly to London than to other African countries, Rocha said.
High transport costs added to the cost of building materials, making it nearly impossible to build roads in the DRC, with a bag of cement, for example, costing $4 in South Africa, compared with $25 in some other African countries.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other News This Week News
Recent Research Reports
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
This Week's Magazine
South Africa remains an important manufacturing and export platform for Ford Motor Company, says executive chairperson Bill Ford. However, he adds that other countries on the continent are “becoming interesting”, and that the US carmaker is casting its net wider for...
Germany’s Max-Planck-Society (MPG) and the Max-Planck-Institute for Radio Astronomy (MPlfR) are investing €11-million (about R150-million) into South Africa’s MeerKAT radio telescope array programme. The money will be used to design, build and install S-band radio...
Infrastructure spend in sub-Saharan Africa will grow from $70-billion in 2013 to $180-billion by 2025, says PwC capital projects and infrastructure Africa leader Jonathan Cawood. This is one of the findings of PwC’s Capital Projects & Infrastructure report on East...
Private-owned defence and aerospace manufacturer Paramount Group and the Ichikowitz Family Foundation unveiled its Anti-Poaching Skills and K9 Training Academy in Magaliesburg last month.
The inclusion of Bluetooth to provide sub-three meter accuracy and heightened functionality for users is one of the ways to change existing wireless networks into engagement networks. An engagement network differs from common wireless networks in that it enables the...