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DJ
Two Gold Stars
Posted
The Emerging Africa Infrastructure Fund has USD 365 million in its fund, what large ecologically friendly project would you fund in Africa with between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects?

quote:
The Emerging Africa Infrastructure Fund (“EAIF” or the “Fund”) is a Public Private Partnership able to provide long-term USD or EUR denominated debt or mezzanine finance on commercial terms to finance the construction and development of private infrastructure in 45 countries across sub-Saharan Africa. EAIF is able to provide between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects across a wide range of sectors including telecoms, transport, water and power, amongst others.


Its interesting to see such funds, but are they adding to African countries national debts or are they a help there is the question.

However what would also be interesting is if charities or private fund raisers were involved in more commercial ventures in Africa using the apparent benefits of debt funds like this to fund ecological utility projects in Africa.

Electrical utilities are a great problem in major African cities, with power cuts and people having to use petrol (gas) powered generators, obviously polluting, and also the conflicts over fossil fuels in the Delta region and African corporates selling on raw unrefined product to large Western corporates, where the refined product is worth more.

Fair trade I think needs to encompass a lot more, and commercial venture filters down all the way to the ordinary person on the street, struggling to get an education, to make money to eat etc.

Large projects on a commercially viable level aren't there, I don't think water projects and the aid schemes are enough for Africa, where there are more peaceful countries and measures to tackle corruption, there perhaps should be a greater level of involvement, to make sure that African economies have a fighting chance, but also to make sure developing economies are able to utilies ecologically friends technology.

The Emerging Africa Infrastructure Fund has USD 365 million in its fund, what large ecologically friendly project would you fund in Africa with between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects?

I would fund Solar power plants in regions that would support the commercial viability of this technology, best regions are the Sahara, perhaps Mali, Niger, profits from such a roll out of power supplies would bring jobs, infrastructure, such as schools, hospitals, police, fire fighting and road construction, rail construction etc.

Stirling Energy
 
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One Gold Star
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quote:
Originally posted by DJ:
The Emerging Africa Infrastructure Fund has USD 365 million in its fund, what large ecologically friendly project would you fund in Africa with between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects?

quote:
The Emerging Africa Infrastructure Fund (“EAIF” or the “Fund”) is a Public Private Partnership able to provide long-term USD or EUR denominated debt or mezzanine finance on commercial terms to finance the construction and development of private infrastructure in 45 countries across sub-Saharan Africa. EAIF is able to provide between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects across a wide range of sectors including telecoms, transport, water and power, amongst others.


Its interesting to see such funds, but are they adding to African countries national debts or are they a help there is the question.

However what would also be interesting is if charities or private fund raisers were involved in more commercial ventures in Africa using the apparent benefits of debt funds like this to fund ecological utility projects in Africa.

Electrical utilities are a great problem in major African cities, with power cuts and people having to use petrol (gas) powered generators, obviously polluting, and also the conflicts over fossil fuels in the Delta region and African corporates selling on raw unrefined product to large Western corporates, where the refined product is worth more.

Fair trade I think needs to encompass a lot more, and commercial venture filters down all the way to the ordinary person on the street, struggling to get an education, to make money to eat etc.

Large projects on a commercially viable level aren't there, I don't think water projects and the aid schemes are enough for Africa, where there are more peaceful countries and measures to tackle corruption, there perhaps should be a greater level of involvement, to make sure that African economies have a fighting chance, but also to make sure developing economies are able to utilies ecologically friends technology.

The Emerging Africa Infrastructure Fund has USD 365 million in its fund, what large ecologically friendly project would you fund in Africa with between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects?

I would fund Solar power plants in regions that would support the commercial viability of this technology, best regions are the Sahara, perhaps Mali, Niger, profits from such a roll out of power supplies would bring jobs, infrastructure, such as schools, hospitals, police, fire fighting and road construction, rail construction etc.

Stirling Energy


Why is it most monies given to Africa ends up in the back pocket of some fat crooked Dictator,
 
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DJ
Two Gold Stars
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because of corruption, thats part of the reason why most African countries are not competing globally on an economic level, its not just large corporate companies coming over and buying up resources at less than market worth, its a lot of things that are preventing the economic success in African that much of the Middle East and Korea have seen when they were in the same position as most African countries in the 1950's.

But currently Nigeria has reforms and has paid off its national debt and on some levels is dealing with corruption, for instance nearly $500 Million was looted by Sani Abacha and deposited in Swiss back accounts, some has been given back by western countries, the UK and Switzerland number among them.

So who knows perhaps a few countries in Africa will start pulling away from the selfish corrupt past that has deprived Africans of the same ameneties as that of more developed countries.
 
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Two Gold Stars
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Waste of time and money until the problem of birth control is solved.
 
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Three Gold Stars
Picture of Sampanviking
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Nowhere does it indicate the kind of terms that this fund would insist upon in order to invest and I do wonder who many kw/h you get for a £ invested in Solar as opposed to Coal, Oil or Gas.

Afterall there is not much point in genrating load if only a tiny percentage of the populations of these devleoping countries can afford to buy it.
 
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Two Silver Stars
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it's just good money after bad.

Countries like China, for instance, are moving into Africa, perhaps we should leave the continent up to people other than white Europeans.

As soon as anything goes wrong, ancient history is brought up, colonialism, Empire etc, I say just leave the whole continent for others, without racial and cultural baggage, to sort out.

I'm sure they would do a much better job than us.
 
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DJ
Two Gold Stars
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quote:
Originally posted by Sampanviking:
Nowhere does it indicate the kind of terms that this fund would insist upon in order to invest and I do wonder who many kw/h you get for a £ invested in Solar as opposed to Coal, Oil or Gas.

Afterall there is not much point in genrating load if only a tiny percentage of the populations of these devleoping countries can afford to buy it.


Solar power is actually the cheapest energy utility there is, and no-one would notice its implementation as its just sold on to the energy provider anyway like any power station.

There are existing projects in Africa where there are problems of villages being too remote to be able to be connected to the existing power grid of their country.

if you look at projects like TREC theres a lot of information about solar power and other technologies that would help develop around solar plants such as desert reclamation and use of sea water, also tracking plants and Stirling engines are different from the traditional photo voltaic cells, and more efficient for commercial use.

Best thing is these are all existing technologies.
 
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DJ
Two Gold Stars
Posted Hide Post
quote:
Originally posted by Sampanviking:
Nowhere does it indicate the kind of terms that this fund would insist upon in order to invest and I do wonder who many kw/h you get for a £ invested in Solar as opposed to Coal, Oil or Gas.

Afterall there is not much point in genrating load if only a tiny percentage of the populations of these devleoping countries can afford to buy it.


The funds are supported by the UK foreign aid and other countries, so the fund offers from $10 million USD to $35 million USD, there has to be a business plan to be approved by a body and be aimed at the countries it has targeted to aid assistance.

Solar power is actually the cheapest energy utility there is, and no-one would notice its implementation as its just sold on to the energy provider anyway like any power station.

There are existing projects in Africa where there are problems of villages being too remote to be able to be connected to the existing power grid of their country.

if you look at projects like TREC theres a lot of information about solar power and other technologies that would help develop around solar plants such as desert reclamation and use of sea water, also tracking plants and Stirling engines are different from the traditional photo voltaic cells, and more efficient for commercial use.

Best thing is these are all existing technologies.
 
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