Sub-Saharan Africa Desk
Uganda Construction Ecosystem
Capitalizing on a pipeline of infrastructure projects valued at USD 2.5 trillion , Teutizoku LLC aims to pioneer a different approach to equipping Africa. By working toward a more skilled and productive labor force, creating and growing a new market, and utilizing investment capital, we will drive economic growth for communities and in the process achieve greater success ourselves.
Markets across the African continent are diverse with their own opportunities and challenges. Careful to avoid overgeneralizing, one can see broad trends indicating construction is a high prospect industry for investors. Construction plays an important role in every economy, particularly infrastructure construction because it facilitates other economic activity. Infrastructure needs remain substantial across the continent. And with the African Continental Free Trade Area (AfCTA) kicking off in January 2021 and the potential of increasing intra-African trade by USD 70 billion by 2040 , infrastructure is a top priority.
As of June 1, 2019, 452 projects valued at USD 497 billion in total had broken ground in the continent. The top five sectors (by number of projects) include transport (151), real estate (99), energy and power (77), shipping and ports (38), and mining (29). The COVID-19 pandemic has slowed growth, but projections for the medium-to-long term remain optimistic.