Africa is in the midst of a 20 to 30 year infrastructure development boom. Africa’s growth story continues in 2017 with infrastructure development remaining at the forefront of the continent’s growth trajectory. Last year South Africa recorded an average increase of new construction work of 3.5% with every dollar spent on capital projects generating between 5% and 25% of economic returns. Although South Africa and Nigeria continue to be the continent’s two biggest spenders on infrastructure, there is still a lack of cross-border collaboration which remains vital to foster trade and allow for complementary development to occur throughout the sub-Saharan region.
The world is eager to do business with Africa, but construction industry stakeholders continue to find it difficult to access African markets, especially hinterland countries, due to poor infrastructure. The Captains of Construction and Infrastructure Leadership Forum offers a unique proposition for both public and private sector stakeholders who are looking to navigate the myriad opportunities cropping up across the continent as billions of dollars are committed to infrastructure development and delivery.