Thank you for attending our webinar on South Africa Project Outlook

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You can download the presentations here: 

ABiQ South Africa Project Outlook Presentation

SAIN Presentation

Webinar Details

The construction project sector leads the project market in South Africa as per project tracking platform ABiQ. There is over $175 billion worth of projects in South Africa, where construction accounts for over 50% or $90 billion.

The South African construction industry is expected to grow in 2021 after a decline in 2020. The country’s output was affected by the pandemic and the country had to impose a strict lockdown. To help the economy recover from the crisis, the government has announced a 10-year infrastructure investment plan with investments planned in the housing, energy, agriculture, transport, and water sectors.

Energy Projects in South Africa

Plagued by power shortages due to decades of neglect, South Africa has embarked on a massive investment drive to refurbish existing power plants and develop new sources of power through a substantial renewable energy drive. There is over $77 billion worth of energy projects in South Africa making energy the second largest project sector.

ABiQ hosted a webinar to discuss the current project market including top upcoming and ongoing projects in South Africa, top-performing sectors, challenges, and the future of the market. 

About ABiQ

With Africa deeply embedded in our roots, ABiQ is committed to supporting the growth of the African economy. Africa is a land of opportunities and ABiQ can help you with your growth plans for the region.

With our unique networking tool, you can:

  • Track projects in Africa, UAE, and Saudi Arabia worth over $4 Trillion
  • Access over a million companies in Africa and the Middle East
  • Access Company shareholders, subsidiaries, and detailed contact information
  • Connect with decision-makers and grow your business in Africa and the Middle East
  • Drive your growth strategy across all 54 African countries

ABiQ tracks projects worth over $4 Trillion in Africa, UAE, and Saudi Arabia. Book a free demo now or register here to get free access to a light version of our platform. 

Sectors we cover

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.

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.