ABiQ data shows that the African continent will face significant water shortages by 2030. Africa’s population is set to increase by 25% over the next few years, growing from 1.340 billion in 2020 to 1.617 billion in 2030.
Nafasi Water desalination projects in Namibia serve a critical need. Namibia has a population of over 2.5 million people, and is grappling with a national water crisis, as a result of severe droughts.
Founded in 1888, the De Beers Group is the world’s leading diamond company with expertise in diamond exploration, mining, and marketing
South Africa’s ministry of Public Works released phase 1 of the National Infrastructure plan 2050. Deteriorating infrastructure, widespread damage from devastating floods and poverty are some of the issues being addressed
The Agricultural Water Management Project (AWMP) is one of the interventions government facilitated to mitigate the impact of perennial drought, a significant setback impeding the prospects of the agrarian economy in the five Northern regions of Ghana
Zanzibar is a semi-autonomous island region of Tanzania. The government of Zanzibar has officially launched a multi-million investment programme to ensure sustainable water supply for its 1.6 million population
Lesotho has a population of just over 2 million people. A landlocked country with only South Africa as a neighbour. Due to its proximity, water and power accounting for the bulk of its exports.
Cameroon is a mid-tier country ranked by ABiQ in the 39th position based on its overall risk profile. Cameroon has more than $17 billion worth of active projects.
Africa shows tremendous potential, having the youngest and the fastest-growing middle class in the world. The continent is teeming with the potential for large-scale investments.
Southern Africa has a total population of 68 million people, which will increase to 76 million over the next decade. Predominantly an arid region, two out of the five Southern African nations are classified as high water stress countries.
Saudi Arabia’s population will increase by 4 million people over the next ten years. The country is investing heavily in critical infrastructures such as water and power. There are more than $5.5 billion of water projects currently under construction.
Since Africa has a booming population and low access to power rates, providing power to all Africans is critical. Hydropower still provides the lowest Levelized cost of energy (LCOE). Therefore, the African continent is investing more than $83 billion in Hydropower projects.
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.
Growing investment in water infrastructure in Saudi Arabia means spending during 2021 will increase to $2.3 Billion.
The United Arab Emirates is investing more than $4 billion in active water projects. There are currently just over $3 billion under construction with the balance still in the ore-execution phase.
Saudi Arabia will spend more than $1.8 billion on water projects during 2021. The Kingdom has a pipeline of more than $19 billion of active water projects with $13.5 billion still in the pre-execution phase.
Rapid growing populations in a desert region mean water is an extremely scarce commodity. Saudi Arabia and the United Arab Emirates are investing in water processing capacity with more than $24 billion of active water projects.
Niger’s population will increase by a staggering 44 per cent over the next ten years. Massive investments in critical infrastructure are required to meet the basic needs of a growing population.
Mali’s population will grow by 33 per cent over the next decade. A third of the rural population doesn’t have access to clean water, and 75 per cent don’t have access to sanitation.
West Africa’s population will grow by 28 percent by 2030. Pressure on supplying potable water will only increase over the next decade. Countries in West Africa are investing more than $16 billion to collect and treat water resources.
Our team is ready to help.
Get access to trusted and valuable data to inform your business decisions and open opportunities for growth.