Transport and energy sectors have helped African construction investments increase by 46% to $326-billion by the end of 2014, (from US $222.77-billion in 2013),
according to a report by Deloitte.
It also adds that the public sector was responsible for the development of mega projects by listing 143 ongoing and complete projects, while the private sector listed 88 projects and joint public and private partnerships, 26.
The Energy and power projects took 37% of the whole projects last year, followed by transport at 34%, mining at 9%, and real estate at 6%, water at 5% and oil and gas at 4%.
Mixed-use facilities made up 2%, while healthcare contributed 1%.
South Africa led the way in ongoing construction projects, registering projects valued at $144.89-billion, representing 44% of the mega projects, while West Africa attracted $74.
84-billion and Central Africa experienced a 117% increase in the value of construction projects to $33.21-billion.
North Africa saw the value of construction projects increase by nearly 36% to $9.12-billion but East Africa showed a 10% decrease to $60.67-billion in 2014.
