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COVID-19 has decimated fiscal reserves across the world, but more so in Africa. Even before the pandemic, African governments were struggling to attract investment in critical infrastructure. Public-Private-Partnerships (PPP) is one of the best procurement strategies available in the current financial climate.
The civil construction sector is the largest segment of projects currently under construction in sub-Sahara Africa. Transport, Oil & Gas and Energy sector projects take the top four positions. There are more than $550 billion of projects currently under construction.
COVID-19 has decimated fiscal coffers in sub-Sahara Africa. The region boasts more than $500 billion of private sector financed projects, of which 50 per cent is under construction.
There are more than $57 billion of active water and hydropower projects in Sub-Sahara Africa. Growing populations, rapid urbanisation and food security drive, increasing demand on Sub-Sahara Africa’s water resources.
Sub-Sahara Africa has more than $120 billion of oil and gas projects under construction. A further $150 billion is in the pre-execution phase.
Rail projects lead the transport sector investments in North Africa. The North African transport sector currently has more than $60 billion of active projects.
Sub-Sahara Africa’s population will grow by more than 26 per cent over the next decade. There are more than $88 billion of power projects under construction to meet ever-increasing power demand.
Growing investment in water infrastructure in Saudi Arabia means spending during 2021 will increase to $2.3 Billion.
Sudan will need 5 Gigawatt of power generating capacity over the next decade to achieve a 100 per cent access to power rate. Active power projects in Sudan amount to more than $1.4 billion.
With close to $25 billion of active power projects, Morocco has long been a renewable energy leader in Africa. One of the few countries where 100 per cent of the population has access to stable power.