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Rapid urbanisation, economic growth and regional integration are encouraging a wave of complex infrastructure projects which are rejuvenating the African construction industry

Msikaba Bridge construction site 1The Msikaba Bridge is expected to be completed by the end of 2023. (Image source: SANRAL)

According to a recent report on by Mordor Intelligence, the African construction market was valued at around US$5.4bn in 2020 and is expected to register a CAGR of 7.4% between 2021 and 2026. 

While Covid-19 did hamper development Africa’s construction market is rebounding better than most industries owed, in part, to an abundance of infrastructure projects being undertaken across the continent. 

A construction report in the latest issue of African Review charts the construction industries growth, examines some of the most impressive construction projects which are taking shape and records a discussion with Tolga Ural, regional director at Liugong Dressta Machinery, Africa, Middle East, Asia Pacific & Australia as he describes his company’s experience on the continent over the last year. 

View the report here.