Africa Projects 2022 – A comprehensive overview and assessment of the projects market in Africa – MEED Insights
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There are an estimated $2.4 trillion worth of projects planned or underway in Africa, at all stages of developments. A few large markets dominate the landscape. Between them the five biggest markets of Egypt, Nigeria, South Africa, Tanzania and Algeria account for more than half of all projects.
The Africa projects market report provides investors, contractors, manufacturers, and consultants with a powerful resource that will help them to understand Africa’s major projects market, identify new opportunities, set strategy, and mitigate risk in one of the world’s most exciting markets.
What are the market dynamics in the Africa projects market?
The largest planned projects cover a wide range of sectors and regions of the continent. Among the 20 biggest schemes in the pipeline, six are in the construction sector, with four in the power sector, and three each in the gas and transport sectors. There are also two industrial schemes and one each in the oil and chemicals industries. On a geographic analysis, Egypt has five of the 20 largest planned schemes, followed by three each for Nigeria and Tanzania and two each for South Africa and Democratic Republic of Congo. The other projects are spread across the continent, from Algeria in the north, to Cameroon in the center, Ethiopia in the east, Guinea/Mali in the west and Namibia in the south. Among the 20 biggest schemes in the pipeline, four are at the design stage and the rest are at the study stage.
African economies and projects rely on a range of funding sources, from governments’ domestic revenue-raising programmes to official development assistance (ODA), remittances and export credit finance. According to the African Development Bank (AfDB), financial inflows into the continent were significantly disrupted by the COVID-19 pandemic. Foreign direct investment (FDI), portfolio investments, remittances and ODA all declined from 2019 to 2020.
What is the regional outlook of the Africa projects market?
The regional sectors discussed in the Africa projects market report are North Africa, West Africa, Southern Africa, East Africa, and Central Africa.
On a regional basis, the largest share of projects planned or underway is in North Africa. It is followed by West Africa, Southern Africa, East Africa, and Central Africa.
Africa projects market, by region
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Which are the top ten countries for planned projects in the Africa projects market 2022?
Egypt, Nigeria, Tanzania, South Africa, Algeria, Ghana, Ethiopia, Kenya, Uganda, Democratic Republic of the Congo are the top ten countries for planned projects in the Africa projects market. The countries with the most valuable pipeline of projects include the continent’s largest economies, led by Egypt, and followed by Nigeria and Tanzania.
Africa projects market, by country
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Which are the key sectors in the Africa projects market?
Chemical, construction, gas, industrial, oil, power, transport, and water are the key sectors in the Africa projects market 2022.
The most valuable area of activity in terms of projects planned and underway is the transport sector, followed by power and water, construction, oil and gas, and industrial sector.
Africa projects market, by sector
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Who are the key sponsors in the African projects market?
Egypt Ministry of Housing Utilities & Urban Communities, Rosatom State Corporation Engineering Division, Russia State Atomic Energy Corporation, Ministry of Transport, Nigeria, Federal Ministry of Transportation, Nigeria, LAPSSET Corridor Development Authority, National Authority for Tunnels (NAT), Minister of Energy and Water, Angola , New Urban Communities Authority, Dangote Industries, Ethiopian Electric Power Corp, and Administrative Capital for Urban Development are some of the key sponsors in the African projects market.
Africa projects market, by sponsor
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Market report scope
Project worth | $2.4 trillion |
Key sectors | Chemical, Construction, Gas, Industrial, Oil, Power, Transport, and Water |
Key regions | North Africa, West Africa, Southern Africa, East Africa, and Central Africa. |
Key countries | Egypt, Nigeria, Tanzania, South Africa, Algeria, Ghana, Ethiopia, Kenya, Uganda, and Democratic Republic of the Congo |
Key sponsors | Egypt Ministry of Housing Utilities & Urban Communities, Rosatom State Corporation Engineering Division, Russia State Atomic Energy Corporation, Ministry of Transport, Nigeria, Federal Ministry of Transportation, Nigeria, LAPSSET Corridor Development Authority, National Authority for Tunnels (NAT), Minister of Energy and Water, Angola, New Urban Communities Authority, Dangote Industries, Ethiopian Electric Power Corp, and Administrative Capital for Urban Development |
Reasons to Buy
- Analysis of the opportunities for business and projects in Africa
- Review of the impact of COVID-19 on the African economy
- Outlook for project investment in Africa’s major markets
- Identify Africa’s biggest project sponsors
- Africa’s biggest project contractors
- Understand risks and inform strategy in Africa’s projects market
- Assessment of the economic outlook for Africa
- Analysis of five African region’s – North Africa, West Africa, East Africa, Central Africa, and Southern Africa
- Detailed review of the biggest country projects markets
- Data covering all major business and investment sectors in Africa including: Oil & gas; power, water; construction, petrochemicals, transport and renewables
Table of Contents
Frequently asked questions
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Which are the regional sectors in the Africa projects market?
The regional sectors discussed in the Africa projects market report are North Africa, West Africa, Southern Africa, East Africa, and Central Africa.
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Which are the top ten countries for planned projects in the Africa projects market?
Egypt, Nigeria, Tanzania, South Africa, Algeria, Ghana, Ethiopia, Kenya, Uganda, Democratic Republic of the Congo are the top ten countries for planned projects in the Africa projects market.
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Which are the key sectors in the Africa projects market?
Chemical, construction, gas, industrial, oil, power, transport, and water are the key sectors in the Africa projects market.
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Which are the key sectors in the Africa projects market?
Chemical, construction, gas, industrial, oil, power, transport, and water are the key sectors in the Africa projects market.
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