On GOV.UK19 Aug 2020 21:51
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UK-AIS COMMERCIAL DEALS
A summary of 27 commercial deals worth over £6.5bn from across the African markets invited to the UK-Africa Investment Summit
Published 20 January 2020
From:
Department for International Development and Department for International Trade
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We are announcing 27 deals worth over £6.5bn from across the African markets invited to this Summit and we are aware of further UK commercial investment into Africa that will be committed at the Summit.
The diverse and fast-growing economies of Africa offer huge potential to UK business. Over £36 billion worth of trade is already happening between the UK and Africa. The deals today show how we are building on that to secure a lasting commercial partnership of mutual benefit. The UK’s world-leading expertise on finance, technology, innovation, and our commitment to clean growth make the UK and Africa natural partners for prosperity.
Deals between UK companies and their African partners include:
Aggreko signed an £80m contact extension for energy provision in Cote D’Ivoire
Airbus sold £80m of aircraft in Egypt
Anglo-Tunisian Oil and Gas invest £26m in Tunisian gas assets.
Aqua Africa win £26m export contract to supply solar powered water filtration systems in Ghana.
Baker Hughes £306m export and investment of deep-sea equipment and scholarships in Mozambique
BHM £80.3m work on the Tema-Aflao Road Project in Ghana.
Bombardier’s £3,180m construction and operation of 2 monorail lines in Cairo.
Contracta Construction UK win £120.5m export contract to upgrade Kumasi teaching hospital in Ghana.
Contracta Construction UK win £40m export contract to develop Kumasi airport in Ghana.
Diageo invest £167m to improved sustainability of breweries in Kenya & East Africa.
Globeleq invest £50m to help build Malindi photovoltaic solar park in Kenya.
GSK invest £5m in Egypt to upgrade two production lines.
Kefi Minerals invest £224m in a new gold mine and to develop local infrastructure in Ethiopia.