Africa investor (Ai) CEO Infrastructure Investment Summit and Awards 2014
Report Back
Deepening the engagement
Mobilising capital from both global and domestic pension and
sovereign wealth funds is essential for Africa’s infrastructure
development and Africa investor is at the forefront of this movement.
We report back from the Ai CEO Infrastructure Investment Summit
and Awards
Africa investor (Ai) CEO Infrastructure Investment Summit and Awards 2014
Deepening the engagement
The Ai CEO Infrastructure Investment Summit 2014Africa investor (Ai), a leading international investment and
communications group, successfully closed the Ai CEO Infrastructure
Investment Summit and Awards in Abuja, Nigeria in May, which gathered
over 200 domestic pension and sovereign wealth fund leaders and global
and domestic infrastructure investors, project developers and regulators.
The Summit was opened by Hubert Danso, Chief Executive Officer and
Vice Chairman of Africa investor, and Ambassador Michel Arrion, Head
of the EU Delegation to Nigeria. The keynote address was delivered by
His Excellency Uhuru Kenyatta, President of the Republic of Kenya.
In his address, President Kenyatta stated that, in other parts of
the developing world, notably in China, massive investments in
infrastructure had established the backbone for economic activities, such
as manufacturing, which in turn fuelled economic growth. A similar path
lies open for African countries. He went on to say: “In addition, the
LAPPSET project – where Kenya is seeking partnership with the private
sector to jointly build a highway, an oil pipeline, a railway line and a
seaport at Lamu connecting the new Republic of South Sudan and
Ethiopia – holds great investment potential.” He said, for business, the
infrastructure deficit in Africa is an opportunity to do well by doing right.
Over the last decade, the Ai CEO Infrastructure Investment Summit
has established itself as the must-attend African platform for the
international infrastructure investment community and African public
and private sector project sponsors and project developers seeking
partnerships and capital for their projects.
The Summit delivered on its four key objectives for the day, which
were to deepen relations between African pension and sovereign wealth
funds on the policy environment to facilitate and increase investment
into infrastructure; to establish a framework to systematically evaluate
and share co-investment opportunities; to boost venture capital models
to boost African private sector participation in infrastructure, regional
infrastructure investment and translate Africa’s infrastructure deficit into
an opportunity to deepen Africa’s capital markets – with new innovative
instruments and products; and to highlight Africa’s infrastructure
investment success stories through the Ai Infrastructure Investment
Awards.
In addition, the Summit served to consult and inform the agenda for
the annual Ai CEO Institutional Investment Summit at the New York Stock
Exchange, during the UN General Assembly in New York in September,
and the World Bank-Ai Strategic Bankers’ Dialogue during the upcoming
World Bank Annual Meetings.
The Summit hosted a number of dynamic CEO-led discussion panels
on mobilising African capital from sovereign wealth funds and pension
funds; project development; a special focus on regional projects;
transport and energy investment in Africa; a series of project pitches; a
dialogue on project preparation, and top PPP opportunities.
Commenting on the Summit, Danso said; “Africa’s domestic
institutional capital base is set for important growth. Africa’s six largest
pension funds by asset size will nearly triple to US $622 billion by 2020,
from $260bn in 2010, and by 2050 this could balloon to $7.3 trillion.
This is therefore a critical source of capital for infrastructure projects
in Africa and this Summit represented a unique platform for this
community, and its investment capital, to be profitably channelled into
African infrastructure as an investible asset class, capable of creating
the jobs we urgently seek and the returns retirees and sovereign states
deserve.”
The Summit was co-hosted with the European Union BizClim Facility.
The Ai Infrastructure Investment Awards 2014The Summit also hosted the prestigious 2014 Africa investor (Ai)
Infrastructure Investment Awards ceremony. The Ai Awards are a
platform for investors in Africa’s fast-growing infrastructure sectors to
measure and recognise their performance and achievements globally.
The Ai Awards showcase the competitiveness of African infrastructure as
an internationally investible asset class.
Developer of the Year was awarded to Bolloré Logistics Africa for their
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Dr Mohamed Larbi Ould Khelifa, Speaker of the Assemblee Nationale,
Algeria
Hon. Ngozi Okonjo-Iweala, Minister of Finance, Nigeria
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Pemba Terminal Services Project; Rand Merchant Bank’s power project
portfolio was awarded Power Deal of the Year; while the Kenyan
Government and its partner, the China Road and Bridge Corporation
was recognised for Transport Deal of the Year.
FBN Capital was awarded ICT/Telecoms Deal of the Year for their
arrangement of a debt facility for Emerging Markets Telecommunications;
Befesa Ghana’s desalination plant in Accra won Water Deal of the Year;
Social Infrastructure Deal of the Year was awarded to the Government
of Angola’s Calombolica Prison project.
Oando Energy Resources’ acquisition of ConocoPhillips was recognised
as Oil and Gas Deal of the Year, while the African Development
Bank’s Private Sector Division was named PPP Champion of the Year.
Harith General Partners’ infrastructure fund, PAIDF2, was named as
Infrastructure Fund of the Year while Infrastructure Regulator of the
Year was awarded to the Nigerian Electricity Regulatory Commission.
The Government of Kenya was named as Sponsor of the Year while
Bank Arranger of the Year was given to Standard Bank. BBP Law was
recognised as Legal Advisor of the Year while Standard Chartered Bank
took advisor of the Year. Regional Project of the Year was given to DHL
for their investment into West Africa and, in a new category, Healthcare
Deal of the Year, GE was recognised for their hospitals project in Abuja.
Finally, His Excellency Uhuru Kenyatta, President of the Republic of
Kenya, was awarded Infrastructure Personality of the Year for his vision
and leadership on implementing vital infrastructure projects in Kenya
during his term.
Winners:CATEGORY 1 Developer of the Year
Bolloré Logistics Africa - Pemba Terminal Services
CATEGORY 2 Power Deal of the Year
Rand Merchant Bank - Various
CATEGORY 3 Transport Deal of the Year
Government of Kenya/China Road and Bridge Corporation – Kenya Rail Line
CATEGORY 4 ICT/Telecoms Deal of the Year
FBN Capital – Debt facility for Emerging Markets Telecommunications
CATEGORY 5 Water Deal of the Year
Befesa Ghana, Desalination plant, Accra
CATEGORY 6 Social Infrastructure Deal of the Year
Government of Angola, Calombolica Prison
CATEGORY 7 Oil and Gas Deal of the Year
Oando Energy Resources, Acquisition of ConocoPhillips
CATEGORY 8 PPP Champion of the Year
AfDB Private Sector Division
CATEGORY 9 Infrastructure Fund of the Year
Harith, PAIDF2
CATEGORY 10 Infrastructure Regulator of the Year
The Nigerian Electricity Regulatory Commission
CATEGORY 11 Sponsor of the Year
Government of Kenya
CATEGORY 12 Bank Arranger of the Year
Standard Bank
CATEGORY 13 Legal Advisor of the Year
BBP Law
CATEGORY 14 Financial Advisor of the Year
Standard Chartered Bank
CATEGORY 15 Regional Project of the Year
DHL, Investment in West African infrastructure
CATEGORY 15 Healthcare Deal of the Year
GE Africa, Privatised hospitals, Abuja
CATEGORY 16 Infrastructure Investment Personality of the Year
His Excellency Uhuru Kenyatta, President of the Republic of Kenya
Africa investor would also like to thank all Summit partners, which
include: BizClim, GE Africa, Rand Water, the African Development Bank,
Rand Merchant Bank, Ecobank, Bolloré Logistics Africa, Tincan Terminal
Lagos, ARM Infrastructure, Bunengi Group, Infrastructure Concession
Regulatory Commission, Zuma Energy, the African Business Roundtable,
African Union, the NEPAD Planning and Coordinating Agency the World
Bank Group, Shoreline Energy, Damac Properties, Africa investor Capital,
Quadrant, Guinness, ICRC, and AllAfrica
Africa investor Infrastructure Projects Awards 2014
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PIDA/Regional Projects Showcase
Bob Diamond and Ashish Thakkar Flavour performs at the Ai-MTV After Party
DJ Humility performs at the Ai-MTV After Party
Hubert Danso, CEO of Africa investor, speaks with President Kenyatta
Pension Funds Investing in Africa panelSovereign Wealth Fund Leaders’ Dialogue
EU Ambassador Michel Arrion
50 | JULY - AUGUST | 2012
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