Lists of African major infrastructural projects Funded by Havelet Finance Limited loans
It is a known fact that the world is in great need of infrastructure projects and, therefore, infrastructure finance. Developing countries need to build their infrastructure for the first time. This needs to be done in order to attract more investments. However, even developed countries need to build more infrastructure projects. This is because the population in the developed countries is growing steadily. As a result, the infrastructure which was adequate a few years earlier is no longer adequate. Also, normal wear and tear make it necessary to build infrastructure projects.
Underneath are the list of infrastructure project funded by Havelet Finance Limited
Project Name: Regional Franchising:
Amount Approved: $50, 000.000.00
Short Objective/Description: To contribute to the stimulation of economic growth and job creation in the SME sector through the advancement of franchising in Africa.
Project Name: Gambia River Basin Development
Amount Approved: $800 000.000.00
Short Objective/Description: To finance the services of an Advisory Mission to propose to the Authorities of the Gambia River Basin Development Organization (OMVG) a public-private partnership (PPP) option to optimize the implementation of two power projects (Sambangalou in Senegal, Kaléta in Guniea) and an interconnection between the electrical networks of the 4 OMVG countries. Co-financed with NEPAD IPPF.
Project Name: East Africa Submarine Cable System
Amount Approved US$275,000,000.00.
Short Objective/Description: To structure the Special Purpose Vehicle (SPV) of the EASSy project for development of an optical fibre submarine cable network for the eastern seaboard. Co-financed with NEPAD IPPF
Project Name: West African Development Bank
Amount Approved US$957,000,000.00
Short Objective/Description: To prepare the Accounting Procedures Manual and assist with software selection, acquisition, implementation, migration and staff training.
Project Name: Rosso Bridge
Amount Approved US$200,000,000.00
Short Objective/Description: To finance the feasibility study for a bridge over the Senegal River between Mauritania and Senegal to facilitate regional integration and international trade. Co-financed with NEPAD IPPF.
Project Name: African Business Roundtable
Amount Approved US$30,000,000.00
Short Objective/Description: To assist the ABR, as a second tier (‘association of associations’) private sector representative organization for Africa, to perform a number of core functions that will contribute to strengthening the private sector in Africa.
Project Name: Microfinance/Financial Services Limited
Amount Approved US$935 000.000.00
Short Objective/Description: To enhance capacity of a greenfield microfinance bank that offers fully diversified financial services to MSMEs.
Project Name: Access Microfinance Bank — Tanzania
Amount Approved US$935 000.000.00
Short Objective/Description: To provide management and software training/implementation for an already established Access/LFS model MFI in Tanzania.
The bottom line is that infrastructure projects all over the world need a lot of funding. It is estimated that more than $96 trillion is required to fund infrastructure projects by the year 2030. At present, the annual budget available for infrastructure funding worldwide is close to $2.5 trillion to $3 trillion. However, the actual amount of funds needed is more than double the available amount.
Havelet Finance Limited have funded other infrastructure projects in most Asian countries, Europe and South America to mention but a few, and are ready to fund more. For more details on how we can assist you fund your infrastructure projects, make your contact below;