DOCSLIB.ORG

Infrastructure Investment Opportunities in Angola American Council of Engineering Companies Annual Conference

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Infrastructure Investment Opportunities in Angola American Council of Engineering Companies Annual Conference Infrastructure Investment Opportunities in Angola American Council of Engineering Companies Annual Conference By: Hamilton Costa ANIP USA Resident Representative Washington DC - USA April 30th 2014 2 ANIP - Angolan National Private Investment Agency • ANIP is the only government entity responsible for the execution of the national policy on private investment, its promotion, coordination, evaluation, approval and supervision. • Founded in 2003 by Decree No. 44/03 of 4 July 2003. 3 Angola Geographical location data : West Coast of Southern Africa Area: 1,246,700 km² Maritime Frontier: 1,650 km (Atlantic Ocean) Land Frontier: 4,837 km (Democratic Republic of Congo, Zambia and Namibia) Climate: Tropical Average Temperature : 30ºC (max) 17ºC (min) Inhabitants: 20,900,000 (projection) Capital: Luanda (more than 5,000,000 inhabitants) Administrative Division: 18 Provinces Main Ports: Lobito, Luanda and Namibe 4 Angolan Economy: GDP Growth Rates • Between 2000-2010 GDP grew at an average of 11.25%. • Since 1994, per capita GDP has risen by 7x from US$ 591 to US$ 4,422 in 2010. 5 Macroeconomic Indicators 2010 2011 2012 2013 Premises of the Economic Policy: ° Annual oil production (million/bbl.) 696 605.9 657.3 673.5 ° Oil Price (USD/bbl.) 77.9 110.1 103.8 96 Goals of the Situation: ° General rate of growth of GDP % 3.4 3.9 8.1 5.6 ° Non- Petroleum GVA growth rate % 7.8 9.7 9.1 6.6 ° Petroleum GVA growth rate % -3 5.6 4.3 7.3% ° Annual inflation rate % 15.3 11.4 9.02 9% Fiscal (Percentage of GDP): ° Revenue 43.7 42.2 43.3 38.2 ° Expenditure 36.5 33.4 35.6 41.6 ° Public deficit 2.90 1.4 9.4 3.4 Rating: BB- (Standard & Poor) External Debt: 5% of GDP Source: http://www.minfin.gv.ao/docs/dspOrcaCorren.htm Angolan Infrastructure: Development Priorities 7 Angolan Infrastructure: Development Priorities Angolan policymakers are keen to use oil revenues to invest in the rehabilitation and expansion of the country’s infrastructure • Government plans include: ▫ Construction of new motorways, tertiary roads and bridges ▫ Rehabilitate the road network ▫ Invest in residential and commercial property ▫ Expand port capacity ▫ Upgrade the three major railway lines ▫ Invest in a new rail line connecting Namibe to the Cabinda Enclave 8 Angolan Infrastructure: Development Priorities cont. Angolan policymakers are keen to use oil revenues to invest in the rehabilitation and expansion of the country’s infrastructure • Government plans include: ▫ Invest approximately USD 18billion between 2009-2016 to expand hydroelectric generating capacity to 7000 megawatts by 2016 ▫ Extend the transmission network across the country build 10 new thermal electricity plants link the grid to Southern African Power Pool (SAPP) and to Western Power Corridor (WESTCOR) 9 Angolan Infrastructure: Development Policy Objectives cont. Angolan policymakers are keen to use oil revenues to invest in the rehabilitation and expansion of the country’s infrastructure • Government plans include: ▫ Construction of a new airport in Bom Jesus (located 40km southeast of Luanda) ▫ Rehabilitate the Cabinda airport Angolan Infrastructure: Key Upcoming Events 11 Trade Mission to Angola: May 29th – June 5th DIVERSIFYING INVESTMENT IN ANGOLA • A joint initiative between the U.S.-Angola Chamber of Commerce (USACC) and the Angola National Agency for Private Investment (ANIP) • Program includes the: • Angola-US Business Summit & Roundtable; • Briefings; • Matchmaking Sessions; • Meetings with Angolan government and industry officials For more information and the complete mission agenda: [email protected] 12 Angola Infrastructure Conference: Luanda May 26th PROMOTING INFRASTRUCTURE INVESTMENT IN ANGOLA • A joint initiative between the Angola National Agency for Private Investment (ANIP), World Bank(WB), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). For more information please contact: [email protected] 1420 K Street, NW, Suite 600 Washington, DC 20005 13 Thank you! Invest in the future, Invest in Angola! Contact Information Hamilton Costa: [email protected] Website: www.anip.co.ao ; www.anip-angola-us.com PowerPoint by: Maria Luísa Abrantes Translation by: Lynn de Albuquerque .
Load more

Recommended publications
  • Regional Integration in Southern Africa: a Platform for Electricity
    Regional Integration in Southern Africa: A Platform for Electricity Sustainability Gaylor Montmasson-Clair1 ([email protected]) and Bhavna Deonarain2 ([email protected]) Trade & Industrial Policy Strategies (TIPS) Draft version submitted to the 3rd Annual Competition & Economic Regulation (ACER) Conference Dar es Salaam, Tanzania, 14-15 July 2017 RESEARCH CONDUCTED FOR THE UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT (UNCTAD) NOT FOR CITATION OR CIRCULATION 1 Gaylor Montmasson-Clair is a Senior Economist at Trade & Industrial Policy Strategies (TIPS), leading the institution’s work on Sustainable Growth. He holds a Master’s degree in International Affairs from the Institut d’Etudes Politiques (Sciences Po) of Grenoble, France as well as a Master’s degree in Energy and Environment Economics from the Grenoble Faculty of Economics, France. 2 Bhavna Deonarain is a Researcher in the Sustainable Growth team at Trade & Industrial Policy Strategies (TIPS). She holds a Master’s degree in Development and Governance from the University of Duisburg-Essen in Germany. Abstract The energy landscape in Southern Africa has been rapidly evolving over the last decades. An economy-wide transition to sustainability is underway, with energy at its core. In addition, a progressive movement of regional integration with numerous energy-related initiatives is taking place, principally through the Southern African Power Pool (SAPP). At the same time, electricity supply industries in the region are restructuring, with the emergence of independent power producers and increased individualism. These dynamics call for a renewed approach to regional electricity integration in support of sustainable energy development and a critical analysis of regional electricity dynamics with the aim of improving regional sustainability.
    [Show full text]
  • Africa's Power Infrastructure
    DIRECTIONS IN DEVELOPMENT Infrastructure Africa’s Power Infrastructure Investment, Integration, Efficiency Anton Eberhard Orvika Rosnes Maria Shkaratan Haakon Vennemo Africa’s Power Infrastructure Africa’s Power Infrastructure Investment, Integration, Efficiency Anton Eberhard Orvika Rosnes Maria Shkaratan Haakon Vennemo Vivien Foster and Cecilia Briceño-Garmendia, Series Editors © 2011 The International Bank for Reconstruction and Development/The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org All rights reserved 1 2 3 4 14 13 12 11 This volume is a product of the staff of the International Bank for Reconstruction and Development/The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The bound- aries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development/The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com.
    [Show full text]
  • The Inga Hydropower Projects and Related Electrification of African Households
    The Inga Hydropower Projects and related Electrification of African Households Baruti B. Amisi School of Built Environment and Development Studies University of KwaZulu-Natal, Durban, South Africa 3 March 2015 – University of Illinois at Urbana-Champaign Main Argument • Inga 1 and 2, and by extension IPHs, have the potential to improve the standard of living of Congolese households if managed professionally. However, in their current forms, they further impoverish and under-develop the same people that they were initially intended to assist in theory. This misappropriation of benefits reinforces the differences between the actual winners (local socio-economic and political elites and their allies) and the actual losers (the affected clans, ordinary Congolese citizens and SMMEs). 2 Outline of the presentation • Historical background of the Inga Hydropower Projects (IHPs) • Lessons from Inga 1 and 2 • Interpretations of IHPs from various stakeholders • Grand Inga and the development of Africa • Implications of Inga 1 and 2 experiences for the Power Africa Initiative 3 I. Historical background Geographic locations of IHPs 4 I. Historical background • Initial justification of IHPs – Supplying hydroelectricity to local households – Creating direct and indirect employment – Supporting local SMMEs and industrialisation – Development the DRC • IHPs – Inga 1 and 2 – Further developments of the Inga Falls as Grand Inga or Inga 4 through different phases • SICAI (Société Italo-Congolaise de Développement Industriel) recommendations suggest that: – Inga 1 and 2 should prioritise local market to industrialise the DRC; and thereafter explore the export market. 5 I. Historical background In practice, Inga 1 and 2 supply electricity to the SADC region and Mining in Katanga without transparency around the revenues.
    [Show full text]
  • Solar Thermal Generation: a Sustainable Intervention to Improve Sapp's Diminishing Generation Surplus Capacity
    SOLAR THERMAL GENERATION: A SUSTAINABLE INTERVENTION TO IMPROVE SAPP'S DIMINISHING GENERATION SURPLUS CAPACITY CS Kiravu1 and M Mpaesele-Motsumi2 1University of Botswana, Gaborone Botswana and 2Tshwane University of Technology Pretoria, South Africa ABSTRACT The threat of diminishing electricity generation surplus integrates electricity conservation through energy capacity within the Southern African Power Pool efficiency measures and Demand-Side Management (SAPP) is explained. The global discourse on the long- (DSM) programmes in their generation expansion term environmental impact and sustainability of portfolio. However, the choice for a suitable primary conventional energy sources is highlighted against the source of energy to generate electricity is not arbitrary. backdrop of the prospect and potential of Solar Thermal Power Generation (STG). The latter is In a carbon-constrained world, the primary energy source illustrated in terms of both a detailed discussion of for use in electricity generation is no longer dictated by various STG technologies suitable for the SAPP region economics alone. A choice of sustainable energy and an analysis of their attendant levelized costs of alternative ought to balance environmental, economic as energy (COE). Implications and conclusions are then well as technological concerns. This paper argues that drawn for the SAPP region. there is sufficient evidence in terms of proven and mature STG technology diffusion, acceptable economic indices, 1. INTRODUCTION and environmental correctness to warrant solar as the sustainable energy source of choice in circumventing The Southern African Power Pool (SAPP) is a consortium SAPP's diminishing generation surplus. In this paper of countries in Southern Africa represented by their electricity, a sub sector of the energy sector shall be used National Power Utility Companies, with a regional interchangeably to connote "energy" and vice versa.
    [Show full text]
  • Energy Security Master Plan : Electricity, 2007-2025
    ENERGY SECURITY MASTER PLAN - ELECTRICITY 2007- 2025 Department Of Minerals And Energy Energy Security Master Plan - Electricity Table of Contents EXECUTIVE SUMMARY SYNOPSIS .........................................................................................................3 1. INTRODUCTION ..............................................................................................................................6 2. GOVERNMENT POLICY AND OBJECTIVES..................................................................................6 3. HISTORICAL CONTEXT..................................................................................................................7 4. GOALS OF THE ELECTRICITY MASTERPLAN .............................................................................8 5. UNCERTAINTY AND THE VALUE OF FLEXIBILITY ......................................................................8 6. PLANNING ASSUMPTIONS ............................................................................................................9 7. ANALYSIS OF CURRENT SITUATION .........................................................................................13 7.1 ECONOMIC OUTLOOK........................................................................................................................ 13 7.2 GENERATION OUTLOOK.................................................................................................................... 14 7.3 TRANSMISSION OUTLOOK...............................................................................................................
    [Show full text]
  • Keith Gottschalk Is a Decisions and Choices
    THE JOURNAL OF THE HELEN SUZMAN FOUNDATION | ISSUE 77 | NOVEMBER 2015 The Case for Non- nuclear Power Options Intelligent persons, such as liberals supporting the Helen Suzman Foundation, often hold a range of views on complex issues, especially where more than one criterion is involved, and where some criteria may not be easily quantified. Newspaper editorials have criticized the Government’s abuse of secrecy – what democracy classifies its future electricity plans as secret? – as it proceeds with its programme to build six to nine extra atomic power reactors totalling 9600 MW of electricity. The reason for secrecy is defensive: these plans cannot stand up to scrutiny for economic rationality. This is one requirement for the constitutionality of state Keith Gottschalk is a decisions and choices. political scientist at the University of the Western Joseph Schumpeter’s famous phrase about capitalism and entrepreneurship acting as Cape. “perennial gales of creative destruction” reminds us that the cost-effective blend of power generation varies during each decade. From the 1990s, imported hydropower would have been South Africa’s cheapest electricity source. From the 2000s, imported gas could vie with imported hydropower. During the 2010s, solar power, both photovoltaic and concentrated solar power with storage, could start to be added to the cost-optimal mix. The tell-tale give-away of economic irrationality in the Government’s grim determination to rebuild PW Botha’s atomic industry is that it is utterly price inelastic: 9600 MW regardless of the supply-side revolution noted above. Gaps and Silences Public debate on security of electricity shows extraordinary gaps and silences.
    [Show full text]
  • Investigations Into the Upgrading of Transmission Lines from Hvac to Hvdc
    INVESTIGATIONS INTO THE UPGRADING OF TRANSMISSION LINES FROM HVAC TO HVDC by Pathmanathan Naidoo (BEng Electrical, MBA, PrEng SMIEEE, SMSAIEE, MIET) Student Registration Number: 861864146 A thesis submitted in fulfillment ofthe requirements for the degree of Master of Science in Electrical Engineering in the School ofElectrical, Electronic and Computer Engineering Faculty ofEngineering University ofKwaZulu-Natal South Africa Date ofSubmission: September 2007 Supervisors Professor N. M. Ijumba (PhD, PrEng, CEng) Or. D. Muftic (PrEng) The University of Kwa Zulu-Natal Abstract Emanating from the proceedings of CIGRE 2004, a new idea for higher power transmission by recycling and up rating high voltage alternating current transmission lines for high voltage direct current application was presented at the HYDC working group session. To date, there is no known application ofthe idea. Globally, transmission congestion, power transfer bottlenecks with restricted and limited power transfers and unobtainable servitudes challenge electric power utilities. The literature review shows that since the early sixties, several authors have studied this proposal. However, no applications were done. Admittedly, early HYDC technology was troubled by problems with multi-terminal designs, external insulation breakdown in the presence of DC stress and mercury valve rectifiers struggled with arc backs. To date, power electronic and external insulation technology has grown and matured for confident application both in point to point and multi-terminal application. The economic costs of introducing the DC technology are also more affordable given reducing prices due to higher volume of purchases. With promising developments in insulation and power electronic technology and driven by South Africa's surging growth in the consumption of electrical energy; the subject of upgrading HYAC transmission for HYDC application is revisited.
    [Show full text]
  • Africa Clean Energy Corridor: Analysis of Infrastructure for Renewable Power in Eastern and Southern Africa
    Analysis of Infrastructure for Renewable Power in Eastern and Southern Africa 1 Copyright © IRENA 2015 Unless otherwise indicated, material in this publication may be used freely, shared or reprinted, so long as IRENA is acknowledged as the source. About IRENA The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. IRENA promotes the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy, in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. www.irena.org Acknowledgement This study was financed and supervised by the International Renewable Energy Agency (IRENA). The support and active participation of stakeholders in the region is gratefully acknowledged, especially the secretariats of the Eastern Africa Power Pool (EAPP) and the Southern African Power Pool (SAPP) as well as the EAPP Independent Regulatory Board (IRB) and the Regional Electricity Regulators Association of Southern Africa (RERA). These organisations, along with government and utility officials in eastern and southern Africa, provided the bulk of the statistical information. For the review of this report, we would like to acknowledge Lawrence Musaba from the Southern African Power Pool, Crescent Mushwana from ESKOM South Africa, Sergio Moreno from CNELEC Mozambique, Lucky Nhlanhla Ngidi from National Energy Regulator of South Africa, Rojas Manyame and Foibe L. Namene from the Electricity Control Board of Namibia.
    [Show full text]
  • The Fantasy of the Grand Inga Hydroelectric Project on the River Congo
    water Article The Fantasy of the Grand Inga Hydroelectric Project on the River Congo Jeroen Warner *, Sarunas Jomantas, Eliot Jones, Md. Sazzad Ansari and Lotje de Vries Sociology of Development and Change, Social Sciences Group, Wageningen University, 6706KN Wageningen, The Netherlands; [email protected] (S.J.); [email protected] (E.J.); [email protected] (M.S.A.); [email protected] (L.d.V.) * Correspondence: [email protected] or [email protected] Received: 5 May 2018; Accepted: 3 January 2019; Published: 26 February 2019 Abstract: The Congo River is the deepest in the world and second-longest in Africa. Harnessing its full hydropower potential has been an ongoing development dream of the Democratic Republic of Congo (DRC) and its more powerful regional allies. If completed, the Grand Inga complex near Kinshasa, the capital of the DRC, will be the largest dam project in the world. Its eight separate dams (Inga 1–8) are envisioned to be “lighting up and powering Africa”. Opponents claim, however, that the rewards will be outsourced to corporate mining interests rather than meeting the needs of the local population, and that the project is flawed economically, socially and environmentally. The planned construction of the Inga dams and associated infrastructure has been stuck in limbo since it was mooted in the 1960s; a fantasy rather than a reality. This article attempts to analyse the rivalry underlying the Grand Inga scheme beyond the “pro” and “contra” reports. Embracing Lacanian psychoanalysis and triangulating multiple sources, we seek to unmask Grand Inga as a potent fantasy. Whilst exhibiting its purpose to serve as a screen to protect both proponents of and opponents to the dam from encountering their own self-deception, we conclude the scheme to be at its most powerful whilst the dream remains unfulfilled.
    [Show full text]
  • Republic of the Philippines
    Department of Energy and Water The Republic of Angola FINAL REPORT OF THE PREPARATORY SURVEY ON RURAL ELECTRIFICAITON DEVELOPMENT WORKS IN THE REPUBLIC OF ANGOLA December 2011 JAPAN INTERNATIONAL COOPERATION AGENCY NEWJEC Inc. A F D CR (3) 11-013 Final Report CONCLUSION AND RECOMMENDATION The Preparatory Survey on Rural Electrification Development Works in the Republic of Angola Conclusion and Recommendation Final Report CONCLUSION AND RECOMMENDATION This preparatory survey is planned from August 2010 to January 2012. This preparatory survey is The Preparatory Survey on Rural Electrification Development Works including Feasibility Study (FS) of Cutato HPS (Hydro Power Station). As the result of survey, Cutato HPS can be feasible to be executed from viewpoints of technology, economy and environment. Conclusion and Recommendation are shown below. Conclusion 1. Necessity and Expected Result of the Project (1) Necessity of the Project Maximum electricity supply has been increased more than 10% after termination of the civil war in 2002. In the year of 2008, installed capacity was 1,258 MW and maximum electricity supply was 4,050 GWh. The yearly electricity production, in 2008 has been rapidly increased by 23% from 2007. The average yearly electricity production from 2010 to 2016 is estimated 13%/year. Electric supply in Angola is almost restricted to urban areas. Rural electrification rate of villages is very low, 30.4% and more rural electrification is to be expanded. However, besides governmental electricity company of Angola (ENE: National Electricity Company), consumers have generation facilities by themselves around 900 MW to 1,200 MW and all of them are diesel generation facilities.
    [Show full text]
  • Dual Plenary Session I Electricity Access in Emerging and Developing Countries
    Dual Plenary Session I Electricity Access in Emerging and Developing Countries The case of Mozambique Monday, June 19th 11:15 a.m. - 12:30 p.m ELECTRICIDADE DE MOÇAMBIQUE, E.P. 1 com energia construimos futuro Rationale for Universal Access Mozambique has accepted the challenge to reach Universal Access in 2030 EDM has incorporated this challenge as one Key Strategic Objective No development can occur without electricity! Access was defined as “having electricity service of any kind” “The future is electric” ELECTRICIDADE DE MOÇAMBIQUE, E.P. 2 com energia construimos futuro Contents of the Presentation • Introducing Mozambique and EDM • Statistics of access • Challenges and Opportunities Question: can EDM, as an utility, meet the goal of sustainable access to all by 2030? ELECTRICIDADE DE MOÇAMBIQUE, E.P. 3 com energia construimos futuro Universal Access by 2030 Electrification of Districts finished in 2015 15 Districts Electrified 1977 2005 2007 2009 2010 2015 2012 154 district capitals, of which 147 connected Residential access in 2016: 26% 147 Districts Electrified To achieve universal access by 2030, EDM will need to connect between 300 and 400 thousand households per year, at a cost of approximately 500 USD per connection. EDM is targeting to reach 3.7 million new connections on-grid and 1 million new connections off-grid, through mobilization of development funding and through partnerships with the private sector for innovative supply solutions. ELECTRICIDADE DE MOÇAMBIQUE, E.P. 4 com energia construimos futuro Power Corridors link
    [Show full text]
  • Energy Trading and the Southern African Power Pool 10
    Power Generation in Southern Africa: Energy Trading and the Southern African Power Pool 397 10X Power Generation in Southern Africa: Energy Trading and the Southern African Power Pool This Chapter reviews power generation and energy trading arrangements that exist in southern Africa. The Chapter also considers the operations and workings of the Southern African Power Pool. The Southern African Power Pool (SAPP) was created in April 1995 through the Southern African Development Community (SADC) treaty that was signed to optimize the use of available energy resources amongst the countries in the region and support one another during emergencies. At the time of creation, the SADC governments agreed to allow their national power utilities to enter into the necessary agreements that regulate the establishment and operation of the SAPP. SAPP membership was therefore restricted to national power utilities of the SADC member states as stipulated in the Inter- Governmental Memorandum of Understanding (IGMOU). In the Revised IGMOU of 23 February 2006, SAPP membership was extended to include other Electricity Supply Enterprises within the SADC region. 10.1 Structure and Governing Documents There are four legal documents covering the rights and obligations of the SAPP members and participants: (i.) Inter-governmental memorandum of understanding (IGMOU) that grants permission for the utilities to participate in the SAPP and enter into contracts, and guarantees the financial and technical performance of the power utilities. The original document was signed in 1995 by SADC members, excluding the Democratic Republic of Congo (DRC), Madagascar, Mauritius and Seychelles. All the SADC countries, with the exception of Madagascar, Mauritius and Seychelles, signed the Revised IGMOU on 23 February 2006.
    [Show full text]