Africa Infrastructure Construction Industry to Reach Nearly USD 196 Bn in 2021, States Timetric in Its Report Available at MarketPublishers.com
15 Jan 2018 • by Natalie Aster
LONDON – The African infrastructure construction market is poised to grow at a fast pace in the years to come, up from USD 126 billion in 2016 to reach close to USD 196 billion in 2021, posting an AAGR of more than 9% in nominal terms.
In Africa, there are 1,377 large-scale infrastructure projects at all development stages, and they are collectively valued at appr. USD 1.3 trillion.
West Africa is home to the greatest number of infrastructure construction projects on the continent, with its 366 projects’ value standing at USD 391.7 billion. Southern Africa’s pipeline value amounts to USD 305 billion. The total number of projected in East Africa is 318, the pipeline value of which, however, amounts to only USD 164 billion.
Country-wise, Nigeria grabs the lion’s share of projects in Africa, valued collectively at USD 216.6 billion. Egypt and South Africa follow after with their pipeline values standing at USD 155.5 billion and USD 118.8 billion, respectively.
The electricity and power industry has the largest concentration of infrastructure projects: 659 projects in the pipeline.
Topical research publication “Infrastructure Construction in Africa to 2021” drawn up by Timetric is designed to give an all-round, unbiased overview of the infrastructure construction industry in Africa. It offers a concise evaluation of the economic context for infrastructure on the continent. The report provides an assessment of key trends and identification of the factors boosting infrastructure investment. The study incorporates an in-depth analysis of the project pipelines, alongside providing details on all leading projects, breakdown by sector, project ownership, funding mechanisms and leading contractors. It provides detailed 5-year forecasts of infrastructure construction output for each of the regions discussed.
More topical market research reports by Timetric are provided in the publisher’s online catalogue at MarketPublishers.com.