Infrastructure & Construction

Infrastructure & Construction

Infrastructure and construction are key drivers of progress and growth. While traditional ways of construction is still in demand, green solutions to infrastructural problems are becoming ever more important. The continent is seriously committed to a sustainable future without compromising on its vision for growth and development.

In Focus

  • Highway construction and road repairs are activities that run throughout the year in all parts of Africa for increased market accessibility, and tourism expansion and to open up the continent for more MNCs.
  • Airports and railway links around the continent are continuously renovated or expanded and new airports are constructed around Africa bringing in more scope for investments.
  • Important constructions that are underway include but are not limited to new airports in Ethiopia and Rwanda, Angola’s Lobito Atlantic Railway and the Abidjan- Lagos Highway project.
  • Africa’s population is projected to double by 2050 and this rapid growth along with market development is expected to drive a surge in construction.

Opportunities

  • Better intercontinental and intracontinental connectivity leads to better transport of cargo and better trade which in turn creates more opportunities for the workforce. Logistics is ahuge investment sector to look out for.
  • Sustainable growth that keeps pace with the rapid development needed for the continent is a major need of the hour and hence investing in innovative approaches that do not majorly affect the natural resources of the continent would be the way to go.
  • With more MNCs coming to the country to expand their horizons, infrastructure supporting their goals for the continent is a necessity. So investing in infrastructure implies that more countries establish their bases in the continent bringing in more investments and FDIs which in turn leads to economic progress and better returns.