Over US$200 billion of major construction projects are happening in Africa today

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According to a recent report by Deloitte, there are over 322 active major construction projects (each worth more than US$50 million) happening today across Africa, with a collective worth of over US$222 billion; this is almost twice that of India ($126 billion). A majority of equity (60%) in the identified construction projects is locally owned by governments (56%) and Public Private Partnerships (PPPs, 4%). Regionally, Southern Africa leads with 38% of the projects followed by East Africa with 29% and West Africa is third with 21%. Read more here…