Generating Economic Development through Infrastructure Investment in the Niger Delta

October 28, 2015 | Washington, DC

Registration Hours

8:30 AM – 2:00 PM – Congressional Registration Desk

Light Breakfast

8:30 AM – 9:00 AM – Congressional Pre-Function Room

Welcome and Opening Session

9:00 AM – 9:30 AM – Congressional Ballroom AB
Moderator: Eniola Mafe, Programs Manager, NDPI Foundation
Welcome remarks: Dennis Flemming, Executive Director, NDPI Foundation

Session 1: The State of Play: The the Investment Enabling Environment for Infrastructure in the Niger Delta

9:30 AM – 10:45 AM
Congressional Ballroom AB
Led by speakers, participants will discuss infrastructure opportunities and existing enabling economic policies in sectors such as power, transportation, roads and land development in the Niger Delta. What do lenders, investors and developers and governments need to make a project bankable?

Moderator: Ambassador Robert Perry, Vice President, Corporate Council on Africa (CCA)
Panelist:  Ambassador Joe Keshi, Director General, BRACED Commission
Panelist: Dr. Kingsley Emu, Commissioner for Economic Planning, Delta State, Nigeria

Coffee Break

10:45 AM – 11:00 AM – Congressional Pre-Function Room

Session 2: Opportunities in Power and Distributed Electricity Models for Catalyzing Investment in the Region

11:00 AM – 12:15 PM – Congressional Ballroom AB

Top of Nigeria’s list of infrastructure shortcomings is the poor performance of the energy sector: According to BMI, 54% of manufacturers cited unreliable power as the most binding constraint to efficient production. This discussion will examine electricity distribution models (for example: off-grid, micro-grid, alternative and renewable power sources), and the suitability of these models for creating real investment in power in the Niger Delta. There will be discussion amongst government and private sector speakers how to minimize risk to investments, ensure payments by the end user, and greater reliability of power for industry.

Moderator: Andrew Fawthrop, Former Chairman and Managing Director at Chevron Nigeria Limited, Nigeria Mid Africa Strategic Business Unit
Panelist: Eric Henderson, Executive Director, SkyPower Global
Panelist: Ifeoma Malo, Executive Director, Clean Tech Hub
Panelist: Olajuwon Olaleye, CEO KAIROS TechnoSolutions, an Infrastructure Investment Advisory firm. Former Special Adviser, Nigerian Ministry of Power

Networking Lunch

12:30 PM – 1:30 PM – Congressional Ballroom AB

Session 3: Opportunities and Challenges in Improving Transport Infrastructure

1:45 PM – 3:00 PM – Congressional Ballroom AB

Compared to many of its African peers, Nigeria’s has relatively advanced infrastructure networks. However, transport infrastructure is still inadequate and has been described by analysts as one of the leading impediments to growth. The growth of many significant industries in the Niger Delta region is constrained by inadequate transit infrastructure. It's been estimated that raising the country’s infrastructure level to that of the region’s middle-income countries could boost annual real GDP growth by around four percentage points. This session will focus on the roads necessary to support economic growth in the region including: ports, feeder roads/tertiary roads, connecting highways.

Moderator: Mamadou Beye, Manager of International Affairs, Chevron Corporation
Panelist:  Catherine McKalip-Thompson, Sustainability Manager, Bechtel Corporation
Panelist: Lida Fitts, Regional Director- Sub-Saharan Africa, U.S. Trade and Development Agency

Coffee Break

3:00 PM –3:15 PM – Congressional Pre-Function Room

Session 4: Innovative Mechanisms for Financing Infrastructure Development

3:15 PM – 4:30 PM – Congressional Ballroom AB

A more constructive dialogue between Nigeria federal and Niger Delta state government officials is necessary to secure funds for infrastructure improvements and to attract investors and other innovative solutions. This session will consider how progress may be achieved toward securing private finance for infrastructure in the region and what that progress would entail? What are the financing structures available?

Moderator: Zach Kaplan, Director, DAI Ventures
Panelist: Suresh Samuel, Director in Structured Finance, Overseas Private Investment Corporation (OPIC)
Panelist: David Fulton, Head- USA and Canada, IFC

Closing Remarks

4:30 PM – 5:15 PM – Congressional Ballroom AB

Speaker: Heather Kulp, Deputy Executive Director, NDPI Foundation

Networking Reception

5:30 PM – 7:00 PM – Congressional Pre-Function