It is widely acknowledged that Africa’s power generation capacity is grossly inadequate and cannot be compared to any other region in the globe. This shortage of electricity supply in Africa presents vast business and investment opportunities for Australian power start-ups and key stakeholders. To improve power generation capacity across Africa, several countries have started massive power projects targeted at transforming the current situation. Some of the outstanding power initiatives includes but not limited to the following:
- Ethiopia: The Ethiopian Government is currently working on Grand Ethiopian Renaissance Dam, the largest dam in Africa: 1,800 m long, 175 m high and with a total volume of 10 million m³. The power stations are positioned on the right and left banks of the river and comprise 16 Francis turbines with a total installed power of 6,000 MW and estimated production of 15,700 GWh per year (source salini-impregilo . com).
- Egypt: The Beni Suef is a new combined-cycle natural gas power plant being built by Siemens for the Egyptian Government, as a part of the Egypt Megaproject. The 4.8GW power plant will be located in Beni Suef in the southern part of the country, approximately 110km south of Cairo. It will be the world’s biggest gas-fired combined-cycle power plant complex when fully-operational in 2017, capable of providing electricity to approximately 15 million Egyptians (source: power-technology .com)
- South Africa: In September 2014, Russia’s Rosatom signed an agreement with South Africa’s energy minister to advance the prospect of building up to 9.6 GWe of nuclear capacity by 2030. The build-own-operate (BOO) model is expected to involve some $10 billion in local supply chain provision, with localisation of 60%.(Source world-nuclear .org)
- Nigeria: The Federal Government of Nigeria successfully privatised power generation and distribution in the country recently. Since the completion of the privatisation process, the private sector made up of both local and foreign investors are now in full control, managing both challenges and growth in the sector.
These projects and many more clearly presents Africa power sector as great destination for investors, however, it is critical power solution providers and investors get the entrée strategies right, understand the trends in key markets, how to engage potential partners, understand various government regulations, project bidding process and different ways of doing business in different regions. This is where AATIC 2016 becomes a crucial platform for stakeholders.
Delegates at the Africa Australia Technology + Infrastructure Conference 2016 will get in-depth understanding of how to harness power investment opportunities in various African countries and also gain experiential knowledge from Australian power stakeholders. More importantly, the conference will address key issues and risks facing power investments in Africa. You don’t want to miss the unique platform to network and better position your business for projects in Africa.
Join us at the Africa Australia Technology + Infrastructure Conference 2016
Venue: Chamber of Commerce & Industry (CCI), Perth, Western Australia.
Dates: Tuesday, 6th September 2016.
To become a sponsor or make presentation at AATIC 2016, please contact us: email@example.com
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Thank you, I look forward to meeting you at the Africa Australia Technology + Infrastructure Conference 2016.