Construction projects on the African continent are not only getting bigger, but more complex in nature. Some of the key drivers are economic growth, urbanization, industrialization, and the growth of the middle class. The transport sector continues to take the biggest share of the total construction projects in the continent, followed by real estate. In a bid to identifying suitable business partners in selected countries in Africa, we recently completed a local research project in the construction industry. This prompted us to do a deep dive and provide a detailed market outlook. After sharing our findings and giving strategic recommendations, we were in a position to prioritize different countries and sectors.
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Read other SOTMs (Slides of the month) here.
Slide of the month (SOTM) October. The meat & fish sector in Nigeria
Slide of the month (SOTM) September. The soft drinks market in Kenya
Slide of the month (SOTM) August. Steel demand in Africa
Slide of the month (SOTM) July. The future of Africa’s independent automotive aftermarkets
Slide of the month (SOTM) June. Consumer goods across Africa