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Home / Opportunities / Cement

Cement

opportunity

Investing in Africa's cement industry presents a compelling opportunity for investors looking to capitalize on the continent's burgeoning construction sector. With rapid urbanization, population growth, and increasing infrastructure development, the demand for cement is soaring across Africa.

$35 Bn

Market Size

4.7%

CAGR

$42 Bn

Forecast

Cement by-product markets

Ready-Mix Concrete

Precast Structures

Soil Stabilizers

Cement Boards

Fiber Cement Panels

Fireproof Insulation

CEMENT BUSINESS IN AFRICA: KEY ADVANTAGES FOR INVESTORS

Booming Construction Sector: Africa's construction industry isprojected to grow at a CAGR of around 6.4% from 2021 to 2026, driven by urbanization, population growth, and infrastructure development initiatives.
High Returns on Investment: Africa's cement market is projected to grow at a CAGR of around 5.5% from 2021 to 2026, reflecting the sector's promising outlook for investors. With favorable market conditions, strong demand drivers, and government support, investing in Africa's cement industry offers the potential for high returns on investment.
Infrastructure Development: Increasing investments in infrastructure projects across Africa necessitate the use of cement in roads, bridges, dams, and public facilities, contributing to market growth. Africa's infrastructure investment needs are estimated to be around USD 130-170 billion annually.
Market Expansion and Trade Opportunities: Regional trade agreements such as the African Continental Free Trade Area (AfCFTA) promote intra-African trade and market integration for cement products. Such initiatives and trade agreements facilitate access to regional markets for cement products, providing opportunities for expansion and market diversification.