Africa is a land of opportunities. Africa’s population is set to increase by 25 percent over the next 10 years. Africa’s population is expected to grow from 1.340 billion in 2020 to 1.617 billion by 2030 resulting in a demand for more infrastructure. This population growth across Africa will further expand a huge market with many opportunities.
ABiQ outlines Oil and Gas projects across Africa for 2022. Africa’s rich inheritance of oil and gas resources is set to catalyse massive growth across the continent. Africa alone has produced approximately 8% of the total oil produced in the world. Here are some of the major ongoing and upcoming oil and gas projects in Africa.
What are the top 5 projects in Africa? Africa is growing at a rapid pace. Much needed infrastructure and other construction projects are needed to meet the needs of a rapidly growing population. Africa has more than USD $2.4 Trillion worth of active projects.
ABiQ provides validated data and trusted business intelligence covering Africa and the Middle East. We use our unique forecasting and project tracking tool to track construction companies and their projects in 68 countries across the Middle East and Africa.
The new currency weights for the Special Drawing Rights (SDR) valuation basket was determined by the IMF Executive Board
The African Development Bank has successfully launched an AUD155 million social bond that will mature in October 2032. The bond will fund the continent’s most pressing social development needs.
The Financial Times ranked the fastest-growing companies in Africa. The top eight are based in Nigeria and Kenya, with only one in South Africa.
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