Explore HDF Green Hydrogen Namibia, a pioneering renewable energy project in Africa. Discover the investment details, timeline, and impact of this initiative in our latest blog post. Unlock insights with ABiQ.io
The Konza City megaproject in Kenya is one of the largest mixed-use projects across Africa. Learn more about the project, contractor, deal size, and timeline in our Project Spotlight post.
Explore the booming construction projects in Egypt and discover the massive economic growth the country has experienced in recent years.
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.
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.
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.
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.
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.
Saudi leading energy sector in the GCC with a massive investment in sustainable energy worth more than $160 billion. The UAE is second with $50 billion.
The 11th edition of The Big 5 Saudi will take place at the Riyadh Front Exhibition and Conference Center from 18-21 February 2023. This largest construction event in Saudi Arabia will bring together 28,000+ attendees and over 750 local and international exhibitors from 40 countries.
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.
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.
The Middle East has $33 billion in active industrial and mining projects. Saudi Arabia leads the Middle East with 54% or $17.5 billion in active industrial and mining projects. Oman is in second place with 36%, or $11.5 billion. The UAE has 7% or $2.4 billion in industrial projects.
New hospitals with a value of $11 billion are active. $6.4 billion is currently under construction, and $4.8 billion is in design.
Egypt leads North Africa with more than 60% of the new hospital projects. Egypt’s population exceeds 108 million, or 42% of North Africa’s total population. Egypt’s population growth rate is also the highest in North Africa. Investing in healthcare is a primary focus for the Egyptian government.
The Middle East has more than $18 billion of active hospital projects. More than 70% of these new projects are in Saudi Arabia. The UAE is second with 14% of active hospital projects. Of the $18 billion, more than $12 billion is under construction, with the balance, or $6 billion, in the pre-execution phase.
Strategically located, the Middle East connects manufacturing nations with consumer nations. Billions move between these nations through transport hubs in the Middle East.
The Middle East has more than $150 billion of active rail projects. More than a third, or 35%, are in Saudi Arabia. Iraq is in second place with 28% or $43 billion of active rail projects. Oman is in third place with 18% or $27 billion of rail projects.
Saudi Arabia is leading the Middle East with 52% active transport projects. More than half of the $592 billion active transport projects are currently under construction.
With a total investment estimated at almost $2 billion, the Abu Dhabi has set its sights firmly on becoming the cultural capital in the Middle East.
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