Construction in Africa
Regionally, Africa became a major player in global construction past five years. There is a steady acceleration in construction activity especially in Nigeria over last 10 years.
Sub-Saharan Africa has the fastest growing construction industry among all major regions in the world over the next five years growing on average by a compound annual growth rate (CAGR) of 6.6% a year.
Africa construction market bears huge investment opportunities in energy and infrastructure, cheap labor, and a fast-growing consumer market.
Top Recent Projects
Konza Technology City (Nairobi, Kenya)
The Kenyan government is making a huge investment ( around $14 Billion) to create a technology hub just 64 km outside south of Nairobi.
Maputo-Katembe Bridge (Maputo Bay, Mozambique)
The Maputo-Katembe Bridge is the Africa’s longest suspension bridge. The project cost $750 Million when completed in late 2018. The bridge reduced the travel time between Mozambique and South Africa.
Grand Inga Dam (DR Congo)
The Grand Inga Dam, a proposed hydroelectric dam at Inga Falls on Congo River in the Democratic Republic of Congo. Grand Inga Dam is expected to cost an estimated $100 billion, including the cost of transmission lines needed to carry its power across the continent.
Dangote Oil Refinery (Lagos, Nigeria)
Dangote Oil Refinery would be a huge oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria at an estimated cost of between $12 billion and $14 billion.With a capacity to process 650,000 barrels of crude a day, Dangote Oil Refinery will be one of the world’s biggest oil refineries when it begins operations in 2022.
Bagamoyo Port (Bagamoyo, Tanzania)
Tanzania has embarked on the construction of an $11 billion mega port at the Swahili historical town of Bagamoyo as it races to become a regional economic powerhouse.
Istanbul Africa Trade Company and Construction in Africa
Construction industry has a critical role in Turkish economic activity. Currently, Turkey has multiple ongoing construction projects. Accordingly, Turkish construction machinery market is dynamic. As Istanbul Africa Trade Company, we offer different Turkish branded construction machinery and equipment.
– Concrete Mixer
– Asphalt Paver
– Tower Crane
– Road Roller
– Concrete Brick Making Machine
– PVC and PPRC Pipes and Fittings
– Ceramic Tiles
– Basin mixers and shower sets
– Solar Water Heaters
– PVC Doors and Windows
Import from Turkey
Read our latest article if you are interested in importing products and machines from Turkey.
Trade with African Countries
Read our latest article if you are interested in import and export activities with African countries.