$ 153.94 Bn
Market Size
3.14%
CAGR
$ 174.05 Bn
Forecast
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Africa's infrastructure & real estate sectors are experiencing explosive growth, demanding high-quality construction materials. Invest in building a solid future for Africa! Be part of the companies shaping Africa's skylines.
Africa's infrastructure & real estate sectors are experiencing explosive growth, demanding high-quality construction materials. Invest in building a solid future for Africa! Be part of the companies shaping Africa's skylines.
$ 153.94 Bn
Market Size
3.14%
CAGR
$ 174.05 Bn
Forecast
Africa's urbanization boom, with its urban population projected to double by 2050, is fueling a massive demand for construction materials. This, coupled with ambitious government infrastructure plans exceeding USD 450 billion (6Wresearch), is creating a construction materials market projected to reach a staggering USD 74.81 billion by 2029 (Research and Markets). This presents a golden opportunity for foreign investors in the construction materials sector.
The limited domestic production of construction materials in Africa, despite vast natural resources, creates a compelling gap for foreign companies to fill. Investors can capitalize on this opportunity by establishing local production facilities for essential materials like cement, steel, and aggregates. This not only caters to the surging demand but also reduces reliance on imports and fosters job creation within African nations. By investing in efficient and sustainable production practices, foreign companies can become key players in Africa's construction boom, contributing to the continent's infrastructure development and economic growth.
Cement
Market Size
$35 Bn
CAGR
4.7%
Forecast
$42 Bn
Ceramics
Market Size
$7 Bn
CAGR
8.50%
Forecast
$11 Bn
Glass Manufacturing
Market Size
$250 Bn
CAGR
3-4%
Forecast
$360 Bn
Hardware Products
Market Size
$153.94 Bn
CAGR
3.14%
Forecast
$ 536.21 Bn
Steel Roofing Manufacturing
Structural Steel Manufacturing
Market Size
39.49 Mn Tons
CAGR
18.9%
Forecast
53.59 Mn Tons
Plateformes Industrielles du Congo (PIC) is a public private partnership between ARISE IIP and the Republic of Congo. The objective of this partnership is to develop 3 SEZ in Pointe-Noire, Oyo and Ouesso. The government intends to diversify its economy, which until now has relied solely on revenues generated by the oil sector.
Plateforme Economique Industrielle d'Abidjan (PEIA), is a Public Private Partnership (PPP) between Arise IIP and the Republic of Cote d'Ivoire, spread over 440 Ha at PK-24 (24 KM from the economic capital of Abidjan). The Government's objective for setting up an Industrial Zone with Arise IIP, is to promote the manufacturing growth of CIV and to ensure the processing of the abundant agricultural commodities.
Industrial Platform Remo Free Zone (IPRFZ) is a Public-Private Partnership of ARISE IIP and the Ogun State Government in Nigeria. Focus is on maximizing the local resource production, efficiency & cost.
Bugesera Special Economic Zone (BSEZ) located in the Bugesera district of Rwanda- is a Public-Private Partnership (PPP) agreement between Arise IIP and the Government of Rwanda with a committed investment of USD 100 million.
The Glo-Djigbe Industrial Zone (GDIZ) is located just 45 km from Cotonou and is dedicated to the local transformation of agricultural product including cotton, cashews, pineapples, shea nuts and soybeans, among others.
June 21, 2024
Top 18 Investment Sectors in Africa With Unprecedented Business Growth Potential
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Africa Business Opportunities: Location-Based
Africa Business Sectors: Location-Based
Copyright © Arise IIP, 2025
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