Latest News

Africa PPP Infrastructure Investment Summit sets to hold in Morocco

07 Oct 2024, 03:56 pm
Financial Nigeria
Africa PPP Infrastructure Investment Summit sets to hold in Morocco

News Highlight

The summit will feature showcases of bankable African infrastructure projects and facilitate connections between project developers, investors, financiers, and contractors, all aimed at bridging the estimated $100 billion infrastructure funding gap.<

Africa PPP conference

The 14th edition of a foremost Africa annual infrastructure investment conference, The Africa PPP Infrastructure Investment Summit (Africa PPP), is set to hold in Morocco from 22 to 24 October 2024.

According to the organiser, AMETrade Ltd., Africa PPP is dedicated to advancing public private partnerships (PPPs) and other innovative investment strategies.

AMETrade said the conference is returning to Morocco against the backdrop of the country’s preparations for the 2030 FIFA World Cup. Morocco is already gearing up with a series of multibillion-dollar infrastructure projects in anticipation of this global sporting event.

Over three days, Africa PPP will hold at the Hyatt Regency Hotel in Casablanca, serving as the venue where key players in Africa’s infrastructure development ecosystem – including project developers, investors, financiers, EPCs, consultants, and government and business leaders – will gather to explore the theme "Scaling up PPPs to Address Infrastructure Investment Gaps."

According to the organisers, attendees will have the opportunity to chart a course for increasing private sector involvement in infrastructure development through PPPs and innovative financing models. The summit will feature showcases of bankable African infrastructure projects and facilitate connections between project developers, investors, financiers, and contractors, all aimed at bridging the estimated $100 billion infrastructure funding gap.

 The 2023 edition of Africa PPP brought together nearly 200 professionals from 14 countries for two days of productive debate and high-level networking. AMETrade projects that this year’s event will be bigger and says delegates will receive the latest updates and strategies on planned infrastructure investments and projects across the continent.

According to information provided Financial Nigeria, a media partner to the event, AMETrade said Morocco will highlight its significant infrastructure plans, with over $5 billion allocated to co-host the FIFA 2030 World Cup, alongside extensive investments in the 2040 Rail Strategy, the Noor Ouarzazate solar initiative, the 2030 National Port Strategy, and the National Water Management Plan 2020-2050. Key projects under discussion include the 400 MW Nassim Nord Wind Power PPP Projects and the 250,000 m3 capacity Nador Desalination Facility.

Côte d’Ivoire will share insights into its World Bank Scaling Solar Projects and the progress on the Abidjan-Lagos Corridor Highway Project. Kenya will focus on its major highway projects, including the Nairobi-Mombasa Expressway and the East African Community Multinational Road Project.

Zambia will provide update on its significant road infrastructure initiatives and efforts to diversify its national energy mix amidst its worst drought in years. South Africa will discuss plans to engage the private sector in revitalising the freight rail network and enhancing the country’s border posts.
 
Confirmed speakers include Tarik Hamane, Director General, National Electricity and Water Office (ONEE); Jobson Ewalefou, Director General, Infrastructure Concession Regulatory Commission, Nigeria; Gamal Mesharafa, Board Member, Concord for Engineering and Contracting; and Dorcas Kayo, Director, Infrastructure Finance, Department of Finance; National Treasury, South Africa.


Related News