Turkish contractors in the project finance of power projects in Sub-Saharan Africa (SSA)

Ovic, M’bi Mabiala
The development of the power sector is essential for the development of Sub-Sahara African countries. The Sub-Sahara African region which comprises 48 countries has one of the lowest generation capacity in the world. As the region is one of the poorest in the world and governments lack the financial means to fund power projects, these ones have been financed through project finance. The trend is toward a bigger participation of the private sector and less of government financing. Therefore project finance is becoming the standard for power projects. More opportunities are flowing in the power sector in the region and it is important that Turkish contractors are not left out of the competition. This thesis starts by familiarizing the reader with the world of project finance and then provides a clear picture of the situation of Turkish contractors in a region which is yet to see their participation in the power sector. By assessing the difficulties they face in the region, this thesis intends to determine their strengths and weaknesses after establishing characteristics of the power sector in general and the region in particular. This work provides realistic and effective solutions in order to take the competitiveness of Turkish contractors to a higher level.
Citation Formats
M. M. Ovic, “Turkish contractors in the project finance of power projects in Sub-Saharan Africa (SSA),” M.S. - Master of Science, 2015.