AeroVantage Africa Initiative: Step-by-Step Guide for Government Officials

Summary of AeroVantage Africa Initiative:
The AeroVantage Africa Initiative is a comprehensive development program aimed at modernizing infrastructure and improving essential services across Africa. The initiative covers:

  • Airport construction: Developing modern airports with updated facilities.
  • Aircraft delivery, operation, and maintenance: Supplying aircraft and ensuring maintenance operations.
  • Hospitals: Building fully equipped hospitals and providing training programs for medical professionals.
  • Smart city construction: Creating technologically advanced urban environments.
  • Roads and schools: Constructing and upgrading essential community infrastructure like roads and schools.
    The AeroVantage Initiative offers governments a strategic, turnkey approach to large-scale infrastructure development, tailored to their unique national goals.

Step-by-Step Guide for Participation:

Step 1: Issuance of a Letter of Intent

  • The host government issues a Letter of Intent (LOI), which:
  • Lists the projects they want to execute (e.g., airports, hospitals, smart cities).
  • Contains an acknowledgment of the AeroVantage Program’s terms and conditions in principle.

The LOI signifies the government’s intention to explore the AeroVantage program and helps set the
stage for further discussions.

Step 2: Technical Study by TGS Team
Once the LOI is received, TGS and its team of engineers will:

  • Travel to the host country to meet with relevant government officials.
  • Conduct a technical study of the proposed areas, evaluating factors such as infrastructure,
    geography, and capacity needs.

This thorough analysis will enable TGS to tailor its project recommendations to the specific needs of the country.
Step 3: Presentation of Contract for Services
After completing the technical study, TGS will submit a Contract for Services as the Project Developer, including:

  • A detailed report of the technical study findings.
  • An itemized list of all proposed projects and equipment acquisitions.
  • A complete cost breakdown for the entire project, based on the scope of work outlined.

Step 4: Funding Mechanism:

A key element of the AeroVantage Initiative is its resource-based funding model, where the host government backs the project through its natural resources. This helps governments avoid traditional loan-based financing and instead leverage their valuable assets. Here’s how the funding works, with two real-world examples:

  1. Country A Example: Dore Gold
  • Country A has dore gold with a purity of 96% and agrees to provide 100 kg of dore gold monthly
    as the funding mechanism.
  • The total value of the project is $500 million, and this value is based on the current London
    Metals Exchange (LME) price of gold.
  • A third-party broker, mutually agreed upon by both TGS and the government, will receive the 100
    kg of gold every month, convert it into real funding, and apply this funding towards the project costs.
  • The government provides resource-based collateral, allowing the project to proceed without
    upfront financial payments.
  1. Country B Example: Crude Oil
  • Country B chooses to fund its AeroVantage projects with 250,000 barrels of crude oil per month.
  • The crude oil is delivered to a mutually agreed third-party broker, who converts the oil into real
    funding.
  • As with the gold example, the funds generated from selling the crude oil are applied directly to
    the project’s overall cost.

Audit and Monitoring:

  • TGS will provide a monthly audit to the government for approval. The audit will detail:
  • The resources provided by the government.
  • The conversion of resources into real funding.
  • How the converted funds are applied toward the project.
    This system ensures transparency and accountability, with both parties maintaining full visibility of
    how resources are being utilized and converted into real financial contributions to the project.

Step 5: Sovereign Guarantee
The government will back the entire project with a Sovereign Guarantee. This guarantee assures that
the government will fulfill its obligations, offering further security and stability to the agreement.

Conclusion:
The AeroVantage Africa Initiative provides a clear, resource-based funding model that allows governments to modernize their infrastructure using their own natural resources instead of taking on traditional loans. With thorough planning, technical analysis, and transparent funding mechanisms, the AeroVantage Initiative enables governments to achieve their development goals sustainably.


This step-by-step guide offers a streamlined, easy-to-follow process for government officials to
assess their participation in the program, leading up to formal negotiations.

Sincerely

Thomas B. Coleman
Chief Executive Officer