North Africa has more than $145 Billion Active Energy Projects
North Africa has more than $145 billion of active energy projects with Egypt, accounting for 46 per cent of the share followed by Algeria with 36 per cent.
North Africa has a population of 250 million and will grow by17 per cent over the next ten years to 292 million. This population growth and the need to create jobs will drive industrialisation and increase the power demand.
There are more than $145 billion of active energy projects in North Africa. Egypt has the largest share of active energy projects, with 46 per cent of the market share, followed by Algeria with 36 per cent. The bulk of the projects are still in the pre-construction phase with close to $90 billion on the drawing board.
The largest power developer is the Nuclear Power Plants Authority (NPPA) in Egypt. Construction on the El Dabaa Nuclear Power Plant to start later in 2021. Excluding the El Dabaa Nuclear Power project from the analysis, TSK from Spain is currently the largest contractor in North Africa with 6 per cent of the active project market share.
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