Top 15 Most Expensive Ongoing Projects In Africa In 2023.
Africa for the past decades has gradually been gaining stem when it comes to infrastructure
development. Change comes with growth and it does so in a variety of ways. Most at times, it
comes with new construction projects that involves development from the construction of hospitals and
schools to Mega projects transforming Africa as a whole. In this video we'll be looking
at 15 most expensive ongoing projects in Africa in 2023. If you are new to channel,
please subscribe so that our channel can grow and can produce more videos for you. Also, remember
to like this video and tell us in the comment section what you think of this projects in Africa.
15. Marine Drive Accra project:
The Marine Drive project is a 241 acre reconstruction proposal for Accra’s
Waterfront unveiled by Accra's Ministry of Tourism art and culture. The goal of the
project which was to design a distinctive Skyline for Accra and turn the city core of
the capital into a premier tourist destination. The Marine Drive project would also Aid Ghana's
growing creative and cultural Industries and the Associates plan is anticipated to include
a brand new Waterfront Promenade that will cast the coast as a humming Leisure and Recreation
hub. A portion of the site will be covered by the Promenade which will link the most
well-known landmarks and provide access to the beach. This project is worth 1.2 billion dollars
14. Hydropower project Ethiopia: Mandaya is a 2000 megawatts hydropower
project that is planned on Abe River in Ethiopia. The project is currently in a
noun stage and will be developed in a single phase. The grass had a net head of the project
will be 117.4 million dollars and 109.8 million respectively. The project is expected to generate
12,000 gigawatts of electricity while project cost is amounted to be around 2.7 billion dollars. The
information regarding the Project's parameters is sourced through secondary information
sources such as Electric utilities equipment manufacturers developers project proponents
deals and financial reporting regulatory body associations government planning reports and
Publications wherever needed the information is for the validated through primary from various
stakeholders across the power value chain from leading players within the power sector
13. Accra Sky Train project Ghana: Accra Sky Train is a plant fully automated
elevated light Railway Metro Network that is intended to serve the Accra City in Greater
Accra Ghana. The network will have five routes four of which are radio routes that originate at a
new terminal at the Kwame nkrumah interchange and another route that loops around the city center.
The total track length across all routes is 194 kilometers. In 2018 the government of Ghana signed
a MOU with Isky train Consortium of South Africa and in November 2019 following the completion
of a feasibility study, the parties signed a build up for a transfer concession agreement.
ISky Train Consortium will develop the system at an estimated cost of 2.6 billion dollars
12. The ammonia plants project South Africa: Hive hydrogen and Lind PLC via its fully owned
subsidiary African oxygen announced their intention to construct a green
ammonia Factory in Nelson Mandela Bay South Africa what 4.6 billion
dollars. An estimated 780,000 tons of green ammonia can be produced annually at the proposed
complex which will be constructed on a 9,000 hectare sowega special economic zone next to
the port of Ngqura. This green ammonia will be exported to International markets. This
plan calls for building an on-site solar power plant at a nearby Farm. The project will be the
largest of its kind in sub-Saharan Africa and one of the biggest in the world. Just for the
renewable energy and energy storage component, invest SA, a division of the South African
Department of trade industry and competition will assist High hydrogen by facilitating
Investments through the invest as a One-Stop shop system the project is worth 4.6 billion dollar.
11. Greater tortue ahmeyim gas project: Senegal. Greater Tortue Ahmeyim is an
offshore liquefied natural gas (LNG) project based on upstream gas production in 2km-deep waters on
the maritime border of Mauritania and Senegal. It is the deepest offshore project in Africa till
date. The LNG project is being jointly developed by BP, Kosmos Energy, Societe des Petroles du
Senegal (Petrosen), and Societe Mauritanienne des Hydrocarbures (SMHPM) with BP as the
operator. Planned to be developed in phases, the Greater Tortue Ahmeyim LNG project will produce
up to 10 million tonnes of LNG a year . This project is estimated to cost 5 billion dollars
10. EsKom power stations transition: South Africa: It is anticipated that the partnership to
speed up South Africa's transition away from coal would serve as a model for other nations in the
future. According to Andre the writer CEO of Eskom the state-owned company in South Africa wants to
accelerate its new energy project with its share of the multi-billion Dollar
Cash. This plan will contribute to decreasing emissions, by utilizing the low production
costs of solar photovolt take part generation at its Minds, Eskom hopes to lower its carbon
footprint and attain Net Zero emission status by the year 2050. At its mining locations escom
will first build solar photovoltaic facilities it will put in energy storage facilities this
project is worth 8.5 billion dollars. In order to finance its transition away from coal South Africa
will obtain grants and Loans totaling 8.5 billion dollars from the U.S Germany France and Britain.
9. bagamoyo Port Tanzania: Bagamoyo port in Tanzania is said to be
the largest port in East and Central Africa. The project is a three-state venture between Tanzania
China and Oman. State-owned China Merchant sport is building the port while an Oman
Southern wolf fund will establish a 1700 hectare special economic zone adjacent to
the port. It is estimated to cost 10 billion dollars, the port project is estimated to take
about 30 years to construct to reach its full potential. The port will be able to handle 20
times more cargo than the port in the Tanzanian Capital Dar es Salaam the country's largest port.
This will be a major transformation in
Tanzania once the project is completed as well as provide more jobs to its citizens.
8. Muhammad Tech City project Morocco: This is one of the most expensive
projects launched in Africa, a joints venture between the government of Morocco and China in the
construction of the Muhammad Tech City project the project. It was initially announced in 2016 during
Morocco's King Mohammed VI visit to Beijing, when the two countries signed significant agreements
including the relaxation of visa requirements for Chinese Nationals in order to boost tourism
to the North African country. At this time there, was growing interest in the project
and disagreement over on a ship stakes in the new enormous smart city which delayed the Project's
launch because the Project's primary Chinese sponsor a hate group withdrew. The Moroccan
bmce Bank negotiated the deal with the other two major Chinese developers, the state-owned
China Communications Construction Company, and China Road and Bridge Corporation but due to the
Project's significance it was restarted in April 2019 during the belt and Road Forum in Beijing.
7. Lagos Calabar railway Nigeria: The west east Coastal real line
also known as the Lagos calaba railway line is a royal infrastructure project that is intended to
connect Calabar a port city in the Southeast region close to the border with the neighboring
Republic of Cameroon with Lagos the largest city of the West African Republic. The project calls
for 22 stations with subsidiary facilities along with a railway line measuring 1402
kilometers in length. A room for administration and level Crossings along with Lane tracks and
power lines. Other tasks include installing safety electricity lighting and signaling
systems. The project will be carried out in two stages. The first phase will run from Calabar to
Port Hackett and the second via Onicha which will run from Port Hakot to Lagos. The london-based
Standard Chartered Bank have agreed to provide 11 billion dollars of the 14.4 billion dollars
required for the Project's implementation to fund the construction of the Lagos calabaco rail.
6. Konza Technology city Kenya: Konza (Konza Technopolis ) is a key
flagship project of Kenya’s Vision 2030 economic development portfolio. Konza will be a world-class
city, powered by a thriving information, communications and technology (ICT) sector,
superior reliable infrastructure and business friendly governance systems.
Kenya started building the 14.5 billion dollar Konza Technology city in Machakos County
in an effort to entice technology talents and investors to fuel the country's economic growth.
The name African silicon Savannah refers to Kansas City which is 64 kilometers south of nairobi's
capital and is modeled after the American Silicon Valley. Business process Outsourcing, software
development,t data centers, business continuity centers, call centers, light manufacturing
Industries, and academic institutions are the focus of the Smart City. Konza City project
has so far attracted a number of wealthy investors among them a prestigious Korean University.
5. Dangote oil refinery Nigeria: dangote on Refinery is in no doubt
one of the largest and most expensive construction projects in Africa right
now, with a capacity of 650 000 barrels per day. The project is an integrated Refinery
and petrochemical project on the construction in the lucky Free Zone. When it is finished it
will be the largest single train facility in the world and the largest oil refinery in Africa. The
project was initially budgeted at 11 billion dollars, but because of some changes it went up
to 19 billion dollars. Up to 15 billion dollars has been spent on the project already where 10
billion dollars went toward the refinery, 2.5 billion dollars to the fertilizer plant, and 2.5
billion dollars toward pipeline infrastructure. The refinery will produce polypropylene Jets fuel
and gasoline and Diesel of eurov quality, along with 9500 direct jobs and 25 000 indirect jobs
4. Lab Set Corridor project: The LAPSSET Corridor Project is a Kenya Vision
2030 flagship project and is the first large, high impact infrastructure project initiated by the
Government of Kenya without external assistance. This project is the single largest project
of its nature in Eastern Africa, and LAPSSET will become Kenya’s second largest transport
corridor once the project has been completed. This project brings together countries like Kenya
Ethiopia and South Sudan. The project will entail the following: A port at Manda Bay, Lamu;
A standard gauge railway line to Juba in South Sudan and Addis Ababa in Ethiopia; Road network;
Oil pipelines involving Southern Sudan and Ethiopia; An oil refinery at Bargoni, Kenya;
Three airports; and, three resort cities. The planned investment resources are equivalent
to half of Kenya’s GDP. The project components are spread over a large part of Kenya and will
open up the northern parts of the country, and relieve strain on the Mombasa Port.
3. El dabaa Nuclear Power Plant: El Dabaa nuclear power
plant (NPP), which will be Egypt’s first nuclear power plant, is being developed in Matrouh
Governorate on the Mediterranean coast, 250km west of Alexandria. Russian State Atomic Energy
Corporation (ROSATOM) is the developer of the proposed El Dabaa nuclear power plant, which will
be owned and operated by the Nuclear Power Plant Authority (NPPA) of the Arab Republic of Egypt.The
site approval permit for the plant was obtained from the Egyptian Nuclear and Radiological
Regulatory Authority (ENRRA) in March 2019 while the construction permit for the first unit of the
plant is expected in 2021. The commissioning of the first unit is expected to begin in 2026. The
power plant will comprise four pressurised water reactors (PWRs) with a total capacity of 4.8GW,
which is expected to account for up to 50% of Egypt’s power generation capacity. The
plant will cost $25 billion and $30 billion. 2. The great man-made River Project in Libya:
The 4 000 kilometer long 36 billion dollar great man-made River Project in Libya includes Well
Fields, pump stations, water treatment facilities and storage reservoirs with the aim of supplying
over 6.5 million tons of water per day to Libya's agricultural industrial and Municipal areas. With
a network of pipes that currently transport drinking water from Desert reservoirs to the
nation's coastal cities, it's the largest irrigation project in the world. The project
was conceived by the overthrown ruler, Muammar Gaddafi who referred to it as the eighth wonder of
the world since it began in 1983 the project has already cost more than 36 billion dollars. This
project has witnessed a couple of delays till now due to the political unrest in the country
1. New al-aman city Egypt: The new Alamein City a singular
Mega City with features designed to meet the high standards of a contemporary smart city
is located in the country's North coast region within the administrative borders
of the matrau governorate. The still on the construction bore girl Arabic International
Airport is located 85 kilometers west of Alamein which is located on the Mediterranean Sea.
The Egyptian government designed new element to be a hub for the government, education and tourism.
The city is home to its own presidential Palace and work is currently being done on three
universities, 30 skyscrapers and high-rise Towers at new Al-Amin which will house over 30 000 hotel
rooms. Phase two of the new Alamein Mega project which includes 10 extra coastal towers has started
Construction. Al-amin spans 60 kilometers across the Southern Coastline, and uses a whopping 50 000
acres to house its population of over 3 million. The new city which is expected to cost around
50 billion dollars will help Egypt establish itself as a leading Regional business investment
and tourism destination. This project is worth 50 billion dollars.