there is no denying that africa is changing in a positive way of course recently africa
has been investing big in mega projects worth billions of dollars that is going
to take africa a step ahead when it comes to development africa is building and developing
key infrastructures in order to support its fast and young growing population
currently there are 10 ongoing multi-billion dollar projects in africa that will change
africa's economic situation positively you will find out that these projects are very interesting
so stick around to the end if you love african development and economy then like and video and
be sure to subscribe as we drop new content daily number one the kanza technology city in tanzania
kansa technology city is a smart city project that is coming up in the eastern part of the country
the project is part of the country's vision 2030 blueprint and is expected to generate
about 17 000 direct high-value jobs and a further 68 000 indirect jobs once completed
the project which is located 64 kilometers south of the capital nairobi is modeled around the
u.s silicon valley hence the moniker african silicon savannah it targets business process
outsourcing software development data centers disaster recovery centers call centers light
manufacturing industries and research institutions the project's cost is 14.5 billion dollars
number two egypt's new capital city egypt's spanking new capital rising up out of the desert
sands is set to bring a breath of fresh air to cairo that is weighed down by its population that
continues to rise putting a strain on existing infrastructure located four to five kilometers
east of cairo the smart city has 21 residential districts and 25 commercial districts the city
will have a recreation park double the size of new york city's central park many square kilometers of
solar energy farms and several artificial lakes the new capital is expected to draw a population
of seven million people in its first phase other key features include a technology park
forty thousand hotel rooms a theme park four times the size of disneyland 2 000 educational
institutions 1 250 mosques 663 hospitals and clinics and a new international airport
transfer of government ministries foreign embassies parliament and presidential palaces
is expected to take place by end of 2022 at a cost of four to five billion dollars
number three dan gotei oil refinery dan gottay the richest man in africa is building an oil refinery
the dangote oil refinery project is set to be the world's largest single oil refinery situated in
nigeria the facility will produce a capacity of 650 000 barrels per day and will boost economic
growth in nigeria and generate thousands of jobs the refinery project will cost a whopping
14 billion dollars and once complete the planned refinery and petrochemical complex is expected to
account for half of africa's richest man alikogan gote's sprawling assets it is also expected to
increase the country's oil exports and reduce its reliance on imports of petroleum products
as a result of this economic growth is being boosted and thousands of jobs
are being generated for citizens the refinery generates 95 000 direct and 25 000 indirect jobs
more importantly the refinery is expected to increase the country's oil exports and reduce
its reliance on imports of petroleum products this refinery is really a big deal for nigeria
because it does not only serve as a means of employment but also a medium for development
number four grand inga dam the grand inga dam is a hydroelectric dam at the imba falls on the congo
river the dam is designed to have an average of 39 000 megawatts annually this is nearly
twice as much as the three gorges dam in china making it the world's largest hydropower scheme
the project was supposed to begin in 2016 but something went wrong and it did not but according
to records or plans the dam is expected to provide power to nearly half of the continent to pull off
such a project requires capital which is why the estimated budget for this is 100 billion dollars
which includes the cost of transmission lines needed to carry the power across the continent
number five the lagos calabar railway the 1 400 kilometer lagos calabar railway
which will be built at a cost of 10 billion dollars is without doubt one of the biggest
infrastructure projects in africa the project which was initially contracted to a chinese
company is being eyed by emory metro inc based in the us after the chinese failed to raise the funds
on completion the lagos calabar railway will connect the cities of port harcourt
luyo and abad thereby enhancing the movement of goods and services in the region
once this project is completed the traffic problem in nigeria may be reduced
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number six bagamoyo por tanzania tanzania is not left behind in this race of megaprojects
which is why it is constructing an 11 billion dollar port at the swahili historical town of
bagham oil as it races to become a regional economic powerhouse baba moyo port in tanzania
is set to be the largest port in east and central africa the project is a tri-state venture between
tanzania china and oman state-owned china merchants port is building the port while an
amani sovereign wealth fund will establish a 1 700 hectare special economic zone adjacent to the port
estimated to cost 10 billion dollars the fort 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 east salem the country's largest port
number seven kenya standard guaj railway kenyat is building a 969 kilometer standard
gauge railway from mombasa to malaba at a cost of 9.9 billion us dollars this has been billed
as one of the largest and most ambitious transport infrastructure projects in africa
phase one of the project spans 472 kilometers from mombasa to nairobi and has been completed at a
cost of 3.27 billion dollars while phase 2a from nairobi to naivasha was constructed at a cost of
1.5 billion dollars the railway line is expected to move to kisumu at cost of 3.7 billion dollars
number eight moder fonty megacity in south africa this megaproject is being built in johannesburg
south africa this project is a chinese funded project and is a hub for chinese firms investing
in africa this 8 billion dollar project is designed by the shanghai zendag group and is
the company's first venture estate this project will serve as a major source of employment on the
african continent after its completion according to speculation this project which started in 2015
is expected to be completed in the next 15 or 20 years i know it seems a long way away but no
it does not seem far but it is far but looking at the greater picture we have given a lot to benefit
when this project is over for instance the level of industrial activity will be very high the most
important part about this is development will be available especially residential development
number nine the mandila hydroelectric power project
this power project is ongoing in nigeria and the reason for this is that we all know that nigeria
has a problem with electricity and the only way to solve this is to come up with a project
despite the fact that this project has been planned for more than two decades this project is
worth 5.8 billion dollars and it will cut across three dams across the donver river in taraba state
nigeria the facility will have a total install capacity of over 3000 megawatts of electricity
10 grand ethiopian dam the grand ethiopian renaissance dam formerly known as the millennium
dam is a gravity dam under construction on the blue nile river in buenos angel gumas in ethiopia
work on the 000 megawatts dam began in 2011 and is now 70 complete way behind
the july 2017 completion date the grand ethiopian renaissance dam will be the largest hydroelectric
power plant in africa and the seventh largest in the world once it gets completed
it is estimated that the reservoir will take five to fifteen years to fill with water
the 4.8 billion dollars facility is however facing criticism from rights groups who
argue that it has displaced nearly 20 000 people that was it for the top mega projects in africa
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