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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For more information, please contact: Debbie Bishop-Williams

+27 11 783 2431dbishop-williams@africainvestor.com