Africa Construction Market is predicted to reach USD 239.99 Billion by 2030

According to the study by Next Move Strategy Consulting, the Africa Construction Market size is predicted to reach USD 239.99 billion, at a CAGR of 1.5% by 2030.

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The African region, including countries such as Nigeria, Kenya, and Ghana, is currently experiencing a surge in infrastructure projects aimed at driving overall market expansion.

Kenya's infrastructure sector is experiencing significant growth due to increased investments in large-scale engineering projects and megaprojects.

The market players operating in the Africa infrastructure industry include Group Five, Aveng Group, WBHO (Wilson Bayly Holmes-Ovcon), China State Construction Engineering Corporation (CSCEC), Arab Contractors (Osman Ahmed Osman & Co.), Sogea-Satom (Vinci Construction), Julius Berger Nigeria Plc, China Railway Construction Corporation (CRCC), Stefanutti Stocks, Mota-Engil, and others.