23 January 2020 : The UK-Africa investment summit saw the announcement of 27 deals worth way over 6.5bn pounds, which will be distributed over the African markets, and UK is committed to more commercial investments into Africa.
The investments will focussed on sectors as infrastructure, energy, retail and technology, and is aimed to deliver high-quality investment, jobs and growth across the UK and Africa.
UK recognises that the fast paced and diverse African economy offers a massive business potential to them.
Deals between UK companies and their African partners include:
• Aggreko signed an 80m pounds contact extension for energy provision in Cote D'Ivoire
• Airbus sold 80m pounds of aircraft in Egypt
• Anglo-Tunisian Oil and Gas invest 26m pounds in Tunisian gas assets.
• Aqua Africa win 26m pounds export contract to supply solar powered water filtration systems in Ghana.
• Baker Hughes 306m pounds export and investment of deep-sea equipment and scholarships in Mozambique
• BHM 80.3m pounds work on the Tema-Aflao Road Project in Ghana.
• Bombardier's 3,180m pounds construction and operation of 2 monorail lines in Cairo.
• Contracta Construction UK win 120.5m pounds export contract to upgrade Kumasi teaching hospital in Ghana.
• Contracta Construction UK win 40m pounds export contract to develop Kumasi airport in Ghana.
• Diageo invest 167m pounds to improved sustainability of breweries in Kenya & East Africa.
• Globeleq invest 50m pounds to help build Malindi photovoltaic solar park in Kenya.
• GSK invest 5m pounds in Egypt to upgrade two production lines.
• Kefi Minerals invest 224m pounds in a new gold mine and to develop local infrastructure in Ethiopia.
• Lagan Group win a 185 pounds export contract for the construction of Kampala Industrial Business Park in Uganda.
• Lloyds Register invest 0.76m pounds to set up operations in Mozambique.
• Low Energy Designs win an export contract to install street lighting for Oyo state in Nigeria.
• Matalan invest 25m pounds to open 13 new outlets in Egypt.
• Moy Park to export 12m pounds of frozen chicken to Angola.
• Nexus Green export 80m pounds of solar powered water pumping systems for irrigation in Uganda.
• NMS Infrastructure have won a 222m pounds contract to construct 6 hospitals in Cote D'Ivoire.
• Rolls Royce agree 50m pounds export of Rolls Royce engines to EgyptAir.
• Savannah invest 315m pounds in the acquisition and investment of ingas assets in Nigeria.
• Tex ATC install 5 Airport control room towers worth 2m pounds in Nigeria.
• Trilliant install 5m pounds of Smart Metering to Abuja DisCo In Nigeria.
• Tullow invest 1,200m pounds in continued oil production in Kenya.
• Tyllium and Ellipse win an export contract worth 60m pounds to build a 250 bed hospital in Koforidua in Ghana.
• Unatrac win a 1.5m pounds export contract to supply machinery for Ugandan roads.
Reporting for EasyKobo on Thursday , 23 January 2020 in Lagos, Nigeria