Upcoming Mega Projects Africa

EGYPT

Project: Construct Sustainable City 
Value: USD 32,000,000,000
Client: New Urban Communities Authority (NUCA)

Talaat Moustafa Group (TMG) one of the largest developers in Egypt, would soon sign an agreement with the government to build a sustainable city near Cairo.

The agreement would allow it to acquire a 5,000-acre (2mln square metres) land in Capital Gardens City east of Cairo to build a sustainable multi-purpose new city. The new city will comprise around 140,000 housing units accommodating nearly 600,000 people in addition to business, commercial, medical, sport and educational facilities. TMG has appointed some international consultancy firms to undertake project designs.

The project also includes a 5-star hotel and a university and that it would fetch the government nearly $7bn in direct and indirect taxes and create more than 3.3 million jobs.

NIGERIA

Project: Methanol Production Plant
Value: USD 3,000,000,000
Client: Nigerian National Petroleum Corporation (NNPC)

Construction of $3bn methanol production plant at Brass in Bayelsa state set to begin. To be jointly owned by Nigerian Local Content Management Board, NNPC and local firm DVS Engineering Limited, the Brass plant, claimed to be the country’s first methanol processing facility, is expected to process around 14Tcf of gas drawn from oil fields in the Niger Delta Brass area.

The gas feedstock for the plant will be provided by oil company Shell. Construction of the plant is expected to be completed by 2024 and will provide approximately 30,000 jobs during the construction phase and around 5,000 jobs once it becomes operational. This significant milestone of achieving an FID symbolises the full support of the federal government for the construction and operation of the first methanol plant in Nigeria.

ANGOLA

Project: Cabinda Oil Refinery Phase 2 and 3
Value: USD 920,000,000
Client: Gemcorp Capital
Website: www.gemcorp.net

Approximately $700m will be required for the development of the second and third phases. Phase two and three of the project will transform the facility into a full-conversion refinery. Additional processing capacity of 30,000 barrels of oil per day will be added to the refinery, and a new catalytic reformer, hydrotreater and catalytic cracking unit will be installed.

Phase two will be commissioned in the second quarter of 2023, while the final phase will be operational in the second quarter of 2024.Gemcorp completed the front-end engineering and design (FEED) on both the Inside Battery Limits (ISBL) and Outside Battery Limits (OSBL) components for the project.

MORROCCO

Project: Construct Wind Farm
Value: USD 314,000,000
Client: National Office of Electricity and Drinking Water (ONEE)
Website: www.one.org.ma

Moroccan electricity company, Nareva and Enel Green Power, have signed a Power Purchase Agreement (PPA) with the National Office of Electricity and Drinking Water (ONEE) and the Moroccan Agency for Sustainable Energy (MASEN) for the 270MW Jbel Lahdid wind farm project.

The project will be located at Jbel Lahdid, near Essaouira on the Atlantic coast of the Cherifian kingdom. The park will be built as part of Morocco’s Integrated Wind Energy Programme which aims to build six wind farms with a total capacity of 1000MW by 2024. The Jbel Lahdid wind farm is the third installation of Morocco’s wind power programme.

EGYPT

Project: Bella Vento Hospitality Project
Value: USD 255,000,000
Client: Manara Developments

Egyptian developer Manara Developments expects to complete and handover its EGP4bn ($255m) Bella Vento hospitality project in Galala City, Ain Sokhna by 2025. The project includes 1,100 units and a 120-key five-star hotel and would be developed in four phases. They would deliver 200 units by mid-2022 and the whole project would be completed in four years. The project consultant is Archgate.

The company will invest $16m in the project in 2021 and target $64m in sales for the period. They are also planning a new hospitality project in New Alamein City in the upcoming period.

LIBYA

Project: Construct New Gas-fired Power Plant
Value: USD 134,000,000
Client: General Electricity Company of Libya
Website: www.gecol.ly

The $134m project will be completed within the next five months and include the installation of four 41MW turbines. The project has already received full approval from the Audit Office and the procurement procedures for the establishment of a second 170MW plant have been completed as well.

Featuring four 41MW turbines and with a planned capacity of 164MW, the future fire plant should help stabilize the national grid, which has suffered damage due to the security instabilities that have prevailed in Libyan territory since 2011.