The Government of Ghana has signed a Memorandum of Understanding (MoU) with Africa Investment SkyTrain Consortium for the development of Accra SkyTrain in the metropolis capital of Ghana. The facility will serve as a public transport system with an elevated light railway system.
The South African consortium of investors and infrastructure developers will develop the project with an estimated investment of US$2.6 billion. The project will be implemented in phases with the first covering 256 km at a cost of US$1.2bn. The scheme is still at an early stage. Pre-feasibility studies have been completed and a feasibility study is about to begin.
The Africa Investment SkyTrain Consortium is composed of Development Bank of South Africa, Canadian engineer WSP Parsons Brinckerhoff, Wilson Bayly Holmes, a construction engineering company in South Africa, BUNENGI Group, a project development company focused on developing projects infrastructures, and Ai Capital, the investment and financing arm of the Ai Group.