Establishment of a Navigational Line between Lake Victoria and the Mediterranean Sea (VICMED)
USD 1,250.00M
Total Cost
37.5%
Progress
4
Stakeholders
10
Countries
Pre-Feasibility
Project Stage
Project Overview
Development of a navigational waterway connecting Lake Victoria to the Mediterranean Sea through the Nile River system, enabling efficient water transport across East and North Africa. The project involves various engineering interventions to make the Nile River navigable along its entire course, including dredging operations, construction of navigation locks, river training works, and development of river ports and logistics facilities.
Key Objectives
Create a reliable navigational waterway to connect inland countries to the Mediterranean Sea, reducing transportation costs and enhancing regional economic integration; improve transportation efficiency for bulk cargo movement between East/Central Africa and global markets; develop sustainable inlan...
Strategic Importance
VICMED represents a transformative project that will revolutionize trade routes in Eastern and Northern Africa by establishing a direct water connection between Lake Victoria and the Mediterranean Sea.
Technical Specifications
Technology: The project will employ modern river engineering techniques including environmentally-sensitive dredging methods, fish-friendly navigation locks, renewable energy-powered port facilities, and digitally-enhanced navigation systems.
Capacity: The navigational line will extend approximately 3,800 km from Lake Victoria to the Mediterranean Sea, accommodating vessels up to 1,500 tons in most sections.
Capacity: The navigational line will extend approximately 3,800 km from Lake Victoria to the Mediterranean Sea, accommodating vessels up to 1,500 tons in most sections.
Financing Structure
The project will utilize a multi-source financing strategy including: multilateral development financing from AfDB, World Bank, and others; bilateral development cooperation from p...
Market Analysis
The Nile corridor connects economies with a combined GDP of over $500 billion and population exceeding 300 million people. Current trade within this corridor relies heavily on road transport with high costs and significant inefficiencies.
Investment Opportunities
Significant opportunities exist for private sector participation in river port development and operations, fleet management and operations, logistics services and warehousing, terminal operations, shipbuilding and repair facilities, and tourism infrastructure development along the waterway.
Key Stakeholders
Sponsor: COMESA, Nile Basin Initiative, and national governments of participating countries
Partners: Ministry of Transport (Egypt), Nile Basin Initiative, African Union PIDA Coordination, National Wate...
Partners: Ministry of Transport (Egypt), Nile Basin Initiative, African Union PIDA Coordination, National Wate...
For More Information, Contact:
Christelle Onana
christellen@auda-nepad.org
Bernard Brian Cudjoe
bernardc@auda-nepad.org
www.au-pida.org
Christelle Onana
christellen@auda-nepad.org
Bernard Brian Cudjoe
bernardc@auda-nepad.org
www.au-pida.org