The World Bank finance for infrastructure investments averages US$13 billion – a modest amount when compared to the estimated US$900 billion per annum total demand of infrastructure investment and maintenance in developing countries. The best way to leverage additional funding is through broad based, long term, private sector investment.
With some 35 countries on the African continent experiencing a power crisis entailing frequent blackouts, prohibitively high costs, and extremely limited access, the region is moving to substantially scale-up its support to this sector, including funding of transformational generation projects for the regional power pools, improving the performance of Africa’s ailing power utilities, and rolling out access to electricity. Investment agencies such as the IFC have significantly increased investment into utilities, renewable energy and energy efficiency in response.
It is with a view to understanding and encouraging this participation in the African power sector, that Power Indaba 2009 will once again be hosted in Cape Town. Providing access to key figures in the African power sectors and focussing on SADC, West Africa, the Great Lakes, North and East Africa, Power Indaba will bring together experts from across the globe to meet and discuss investment opportunities presented by the power challenges facing the continent.
Taking place between 19 and 21 May 2009, Power Indaba 2009 will consist of panel discussions and case study presentations, along with a pre-conference workshop on mitigating risk and maximizing financial advantage. Networking and discussion among participants is encouraged through the provision of dedicated meeting areas outside the main conference hall, while a cocktail function and lunch and refreshment breaks provide additional opportunities to meet and formulate a strategy for a comprehensive investment plan for Africa’s power sector.
Participants at Power Indaba 2009 include senior ministerial and government representatives, utility management, banks and other financial institutions, private investment organisations and venture capitalists. If you would like to participate in Power Indaba 2009 as a speaker or a sponsor, please contact the following:
Speaking opportunities: Claire Volkwyn: email@example.com
Early bird registration offer:
Register for Power Indaba 2009 before 30th November 2008, receive a discount of 10% and qualify to attend one of our “Access Breakfasts”. Country specific “Access Breakfasts” will be hosted for Nigeria, the Democratic Republic of Congo and Zimbabwe. Spaces are limited so register now. For registration information, contact Jimina Schmidt: firstname.lastname@example.org