Feasibility study for Songwe River Basin
Feasibility study of Songwe River Basin hydropower and irrigation schemes
A DFID-funded facility managed by Adam Smith International
2014 - ongoing
Genesis is working with the African Development Bank to provide technical support for the structuring and implementation of the Songwe River Basin Development Project – a transboundary project on the border of Tanzania and Malawi.
The project involves an 180-MW hydropower plant, irrigation scheme and a range of social infrastructure initiatives. Our mandate is to develop an effective financing strategy and assess the potential for attracting private sector investors into the project, primarily in the hydropower plant and irrigation schemes through PPP arrangements.
To date, our analysis has involved the financial and economic appraisal of the various project elements and the design of sustainable financing strategies. Drawing on different financing instruments and sources of finance, we are looking for models that are likely to be attractive to the private sector while still retaining the important socio-economic development goals of the respective governments.
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