The African construction industry is changing rapidly with projects getting bigger and more complex. This is due to urbanization, strong economic growth, a rising middle class, and regional integration in many of Africa’s nations.

 

All these factors make for the ever-increasing demand in Africa’s construction industry as big infrastructure projects get underway in the region. This development leaves industry stakeholders with many questions around project finance, project management, priorities for infrastructure spend and how to access the African market place.

 

Infrastructure finance is one of the first things that come to mind when thinking about obstacles a project has to overcome before eventually becoming reality. Funding from traditional sources such as Development Finance Institutes has become increasingly competitive. Therefore, project owners are looking at alternative opportunities such as project bonds. At the same time, projects have become increasingly complex which makes the project management a lot more demanding. It is more difficult to deliver a project on time and on budget; and cross-border collaboration often adds to the complexity.

 

Also, the question of project priority arises. A large chunk of infrastructure investment currently goes into power, energy and transport. Different regions, however, have different priorities. In addition to this, companies are struggling to access the African market.

 

To address these issues, collaboration between all stakeholders is inevitable and the market has expressed a need for a neutral platform that encourages networking

 

19th BUILDEXPO KENYA 2016 takes place from 04-06 June 2016 at The Dome Nairobi, Kenya. 

19th BUILDEXPO TANZANIA 2016 will take place from 02-04 July 2016, Expected to attract over 8000 visitors and international participation from countries such as United Kingdom, Germany, Ghana, Guinea, Australia, New Zealand, Myanmar, Greece, India, South Africa, Italy , Finland, South Korea, Turkey, Indonesia, Denmark, Thailand, China, Hong Kong, etc, It will see exhibitors from over 40countries unveiling technology advances in the construction industry.

 

The exhibition is the gateway and platform for local and regional players to promote expertise, services and their products to the world, and also to gather information and networking with their counterparts from other countries to share experiences.

 

Over the years, it has grown to cater to the demands of the East African market. The mega expo is the ideal forum for international players to showcase their products and services to the huge market in Africa.