Muyembe Nakapiripirit Road

Muyembe Nakapiripirit Road

The Muyembe-Nakapiripirit Road is a major infrastructure project currently underway in Eastern Uganda. This 92.2-kilometer road will be upgraded from gravel to a paved, asphaltic standard, connecting the towns of Muyembe in Bulambuli District to Nakapiripirit in Nakapiripirit District. The project is expected to be completed in 2023 (although there may have been delays due to recent heavy rains).

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Market Snapshot: The Egyptian construction sector

Market Snapshot: The Egyptian construction sector

Over recent decades, Egypt has seen substantial economic growth. In 2000, GDP in current prices stood at $104 billion. In 2022, it had more than quadrupled to $475 billion. Despite a likely drop in 2023 and 2024, the IMF forecasts GDP to rise again to nearly $600 billion by 2028. GDP growth is forecasted to strengthen from 3.6% in 2024 to more than 6% in 2028. Between 2024 and 2028, the IMF expects GDP per capita to grow from $3,300 to about $5,000.

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Project showcase: Driving innovation in Kenya – Konza City

Kenya presents diverse economic opportunities fuelled by its strategic location, natural resources, and growing consumer market. Key sectors such as agriculture, tourism, and technology offer avenues for investment and growth, while government initiatives aim to enhance infrastructure and attract foreign investment. With a youthful population and a dynamic entrepreneurial spirit, the country seeks to continue its recent strong economic track record.

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Project Showcase: Connecting Lagos with the Fourth Mainland Bridge

Project Showcase: Connecting Lagos with the Fourth Mainland Bridge

The Nigerian infrastructure sector presents a fertile ground for diverse business opportunities. With a growing population and urbanization trend, there is a pressing need for improved transportation systems, modernized energy infrastructure, and expanded telecommunications networks. Investors can capitalize on these demands by participating in construction, engineering, renewable energy, and technology ventures, contributing to economic growth and societal development.

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Project Showcase – Nigeria Power Sector: The Abuja Power Plant in Gwagwalada, Nigeria

Project Showcase – Nigeria Power Sector: The Abuja Power Plant in Gwagwalada, Nigeria

The Nigerian power sector is ripe with opportunities as well as challenges. Inadequate generation capacity, transmission losses, and distribution inefficiencies contribute to an unreliable electricity supply. However, these factors also represent significant opportunities for local and global businesses. Government initiatives aim to improve the sector’s performance through privatization, renewable energy integration, and infrastructure upgrades.

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Unveiling Africa’s Construction Powerhouses: Key Contributors and Growth Trends

Unveiling Africa’s Construction Powerhouses: Key Contributors and Growth Trends

The construction sector in Africa is experiencing a dynamic surge, driven by rapid urbanization, infrastructure development, and
strategic investments. As stakeholders navigate this evolving landscape, understanding the key countries contributing significantly to construction sector activity becomes paramount. Let’s explore into the numbers and unveil the construction powerhouses shaping Africa’s development trajectory.

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Dugbe Gold Project Hits Production Milestone

Dugbe Gold Project Hits Production Milestone

The Dugbe Gold Project, located in Liberia’s mine-rich region, which is valued at $391 million continues to make waves as a promising venture in the country’s expanding mining sector. Recent developments showcase significant progress andshow the project’s potential to become a key player in the global gold market.

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Press release: africon and ABiQ forge strategic partnership to revolutionize data-driven consulting in Africa

Press release: africon and ABiQ forge strategic partnership to revolutionize data-driven consulting in Africa

africon (the top management consultancy with an exclusive focus on Africa) proudly announces a strategic partnership with ABiQ (the leading business intelligence platform that tracks projects worth over $7 Trillion in Africa & Middle East). The liaison marks a significant collaboration to enhance data-driven decision-making and consulting services for companies operating or seeking to expand their footprint in Africa.

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New Mining and Industrial growth in Sub-Saharan Africa

New Mining and Industrial growth in Sub-Saharan Africa

Sub-Saharan Africa has more than $108 billion in active mining and industrial projects. Most are new mining developments worth more than $42 billion. South Africa has the largest pipeline, with 16.95% or $18.3 billion of active mining and industrial projects.

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New Mines In North Africa

New Mines In North Africa

New mines in North Africa account for 62% of Industrial activity, which totals $14 billion in active projects. Algeria is North Africa’s busiest market for new mining and industrial projects. The North African country has almost 50% or $7 billion of new industrial and mining projects. Egypt is in second place, with 44% of the active mining and industrial projects. 

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Sub-Sahara Africa investing $11 billion in new hospitals

Sub-Sahara Africa investing $11 billion in new hospitals

New hospitals with a value of $11 billion are active. $6.4 billion is currently under construction, and $4.8 billion is in design.

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