Southern Africa: Infrastructure

International Development written question – answered on 7th October 2008.

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Photo of Claire Curtis-Thomas Claire Curtis-Thomas Labour, Crosby

To ask the Secretary of State for International Development pursuant to the answer of 19 June 2008, Official Report, columns 1177-8W, how the US$5 billion of private investment will be distributed.

Photo of Gareth Thomas Gareth Thomas Minister of State (Department for Business, Enterprise and Regulatory Reform) (Trade, Investment and Consumer Affairs) (also Department for International Development), The Minister of State, Department for International Development, Party Chair, Co-operative Party

The more than US$ 5 billion private sector investment which has been mobilised in relation to the Emerging Africa Infrastructure Fund (EAIF) is helping to improve telecommunications, energy, transport, industrial and other infrastructure in African countries such as Cameroon, Ethiopia, Mozambique, Nigeria and Uganda. A detailed breakdown of the US$ 5.5 billion private sector investments together with EAIF finance is given in the attached table (Annex 1).

Annex 1: EAIF Active and Completed projects as of June 2008
($ million)
Project EAIF Year Country Sector Comments PSI Committed ($m)
Celtel (MSI Expansion) 30.00 2003 Sub-Saharan Africa Telecoms Total US$190m syndicated loan fully disbursed. Now repaid on refinancing. 160.0
MTN Nigeria 10.00 2003 Nigeria Telecoms US $5m drawn. Now repaid on refinancing 200.0
AES-Sonel 35.50 2003 (EAIF $32.3m) 2006 (EAIF $2.3m) Cameroon Energy/Power EAIF loan disbursed - $32.3m in 2003, $2.3m in 2006. GPOBA approved eligibility commitment awaited 554.0
Moma Mineral Sands 36.50 2003 ($24.5m) 2007 ($12m) Mozambique Mining Disbursing 477.0
BidCo Palm Oil/KIS Renewables 22.00 2006 Uganda Agribusiness Approved Nov 2006. Loan not yet signed
Tema Port Mooring Buoy 12.00 2005 Ghana Transport US$ 36m facility. US$ 9.4m Drawn 58.0
Obajana Cement Plant 30.00 2005 Nigeria Industrial Disbursed as part of US$ 500m syndicated loan 829.0
ElemePetrochem 20.00 2007 Nigeria Industrial EAIF loan disbursed Feb.2007 400.0
Ethiopian Airlines 36.00 2006 Ethiopia Transport Approved by the Board. Awaiting disbursement 474.0
CelTel Nigeria 35.00 2007 Nigeria Telecoms Disbursed Feb.2007 1,327.0
Celtel Africa 24.00 Africa Regional Telecoms Commenced disbursing Sept 2007 590.0
DRC (8.0) DRC Telecoms
Malawi (1.0) Malawi Telecoms
Madagascar (2.0) Madagascar Telecoms
Sierra Leone (9.0) Sierra Leone Telecoms
Uganda (4.0) Uganda Telecoms
Mnazi Bay Power (Mtwara Power) 17.50 2007 Tanzania Energy/Power Approved April 200. Not yet signed
MagEnergy 12.00 2007 (TAF EAIF) DRC Energy/Power Loan Approved 48.7
Seacom 35.00 2007 Africa Regional Telecoms Signed Dec.2007 385.0
Safal Africa 29.00 2007 Africa Regional Industrial Signed March 2008 (not yet available)
Bugoye Hydro Power Plant 35.00 2008 Uganda Energy/Power Loan Approved 55.7
Total 419.50 5,558.40

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