An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa

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dc.contributor.advisorOntong, Krystle
dc.contributor.authorZimba, Sydney Kadikula
dc.date.accessioned2025-12-19T09:01:39Z
dc.date.available2025-12-19T09:01:39Z
dc.date.issued2025
dc.date.updated2025-12-19T08:59:43Z
dc.description.abstractDuring the project appraisal stage, a decision is made on whether to implement a project. Traditional project appraisal techniques largely focus on financial factors because investors require adequate financial returns for their investments. However, non-financial factors, led by policy and institutional frameworks, are also critical to the viability of a project. Employing a multiple case study design, this qualitative research investigated non-financial factors considered in the appraisal of energy infrastructure projects in sub-Saharan Africa. The three case studies that were investigated are the Menengai Geothermal Power Plant Project in Kenya, the Guinea-Mali Power Interconnection Project, and the Morupule B Power Plant Project in Botswana. Project appraisal is a decision-making activity, and therefore, multi-criteria decision analysis, real options, and other theories were explored in the literature review and linked to this investigation. This investigation used secondary data in the form of comprehensive project appraisal documents collected from the official online databases of the African Development Bank and the World Bank. Qualitative Data Analysis (QDA) Minor Lite and Microsoft Office software tools were used for data storage, analysis, and presentation. The researcher found that non-financial factors were applied in the appraisal of energy infrastructure projects in sub-Saharan Africa. These factors fell under political, environmental, technical, legal, social, organisational and managerial, and strategic and synergy categories. The researcher developed a framework for the application of non-financial factors in project appraisal, applying what was found in this investigation. The outcome of this investigation may assist project practitioners to effectively appraise projects.
dc.identifier.apacitationZimba, S. K. (2025). <i>An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa</i>. (). ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management. Retrieved from http://hdl.handle.net/11427/42460en_ZA
dc.identifier.chicagocitationZimba, Sydney Kadikula. <i>"An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa."</i> ., ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management, 2025. http://hdl.handle.net/11427/42460en_ZA
dc.identifier.citationZimba, S.K. 2025. An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa. . ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management. http://hdl.handle.net/11427/42460en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Zimba, Sydney Kadikula AB - During the project appraisal stage, a decision is made on whether to implement a project. Traditional project appraisal techniques largely focus on financial factors because investors require adequate financial returns for their investments. However, non-financial factors, led by policy and institutional frameworks, are also critical to the viability of a project. Employing a multiple case study design, this qualitative research investigated non-financial factors considered in the appraisal of energy infrastructure projects in sub-Saharan Africa. The three case studies that were investigated are the Menengai Geothermal Power Plant Project in Kenya, the Guinea-Mali Power Interconnection Project, and the Morupule B Power Plant Project in Botswana. Project appraisal is a decision-making activity, and therefore, multi-criteria decision analysis, real options, and other theories were explored in the literature review and linked to this investigation. This investigation used secondary data in the form of comprehensive project appraisal documents collected from the official online databases of the African Development Bank and the World Bank. Qualitative Data Analysis (QDA) Minor Lite and Microsoft Office software tools were used for data storage, analysis, and presentation. The researcher found that non-financial factors were applied in the appraisal of energy infrastructure projects in sub-Saharan Africa. These factors fell under political, environmental, technical, legal, social, organisational and managerial, and strategic and synergy categories. The researcher developed a framework for the application of non-financial factors in project appraisal, applying what was found in this investigation. The outcome of this investigation may assist project practitioners to effectively appraise projects. DA - 2025 DB - OpenUCT DP - University of Cape Town KW - Project Management LK - https://open.uct.ac.za PY - 2025 T1 - An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa TI - An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa UR - http://hdl.handle.net/11427/42460 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/42460
dc.identifier.vancouvercitationZimba SK. An investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa. []. ,Faculty of Engineering and the Built Environment ,Department of Construction Economics and Management, 2025 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/42460en_ZA
dc.language.isoen
dc.language.rfc3066Eng
dc.publisher.departmentDepartment of Construction Economics and Management
dc.publisher.facultyFaculty of Engineering and the Built Environment
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectProject Management
dc.titleAn investigation of non-financial factors for the appraisal of energy infrastructure projects in sub-Saharan Africa
dc.typeThesis / Dissertation
dc.type.qualificationlevelMasters
dc.type.qualificationlevelMSc
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