Ghana is set to benefit from over £326 million from the United Kingdom (UK) government for various projects in the country, as part of over £6.5 billion package announced for African markets on 20th January, 2019.
A total of £26 million will be used to supply solar powered water filtration systems in Ghana, while 80.3 million will be spent on work on the Tema-Aflao Road Project. Additional 40 million pounds will be expended on the development of the Kumasi Airport, and £120.5 million for the upgrade of Kumasi teaching hospital, while £60 million will be used to provide 250 new beds for a general hospital in Koforidua.
BHM won £80.3 million to work on the Tema-Aflao Road Project, while Aqua Africa won a £26 million export contract to supply solar-powered water filtration systems in the West African country. Contracta Construction UK won £120.5 million export contract to upgrade the Kumasi-based Komfo Anokye Teaching Hospital in the Ashanti Region, as well as a £40 million export contract to develop the Kumasi airport. Tyllium and Ellipse won an export contract worth £60 million to provide 250 new beds for the general hospital in Koforidua in the Eastern Region.
The announcement was made at the UK-Africa Investment Summit in London. The projects will be undertaken by UK companies and their African partners. A statement published by the Department for International Development and Department for International Trade said “the diverse and fast-growing economies of Africa offer huge potential to UK business.”
The 27 deals under the over £6.5 billion investments in Africa included: Aggreko signed an £80 million contract extension for energy provision in Cote D’Ivoire; Airbus sold £80 million of aircraft to Egypt; Anglo-Tunisian Oil and Gas investment of £26 million in Tunisian gas assets; and Baker Hughes’ £306 million export and investment in deep-sea equipment and scholarships in Mozambique.
The others are Bombardier’s £3,180 million construction and operation of two monorail lines in Cairo; Diageo investment of £167 million to improve the sustainability of breweries in Kenya and other East African countries; Globeleq investment of £50 million to help build of Malindi photovoltaic solar park in Kenya; GSK investment of £5 million in Egypt to upgrade two production lines; and Kefi Minerals investment of £224 million in a new gold mine and to develop local infrastructure in Kenya.
The rest are Lagan Group’s £185 million export contract for the construction of Kampala Industrial Business Park in Uganda; Lloyds Register investment of £0.76 million to set up operations in Mozambique; Low Energy Designs’ export contract to install street lighting for Oyo state in Nigeria; Matalan investment of £25 million to open 13 new outlets in Egypt; and Moy Park to export £12 million of frozen chicken to Angola.
The remainder are Nexus Green export £80 million of solar-powered water pumping systems for irrigation in Uganda; NMS Infrastructure investment of £222m in the construction of six hospitals in Côte d’Ivoire; Rolls Royce purchase of £50 million worth of aircraft engines in Egypt; Savannah investment of £315 million in the acquisition and investment of Ingas assets in Nigeria; Tex ATC to install five airport control room towers worth £2 million in Nigeria; Trilliant instalment of £5 million of smart metering to Abuja DisCo in Nigeria.; Tullow investment of £1,200 million in continued oil production in Kenya; and Unatrac won a £1.5 million export contract to supply machinery for the construction of Ugandan roads.
By Ayuure Kapini Atafori
