08. September 2023 Ι BNC Network publishes a Africa water report as part of the market overview for water projects. It was created for the Africa water forum.
In Africa, the water sector is concentrating its efforts on the creation of a system that can provide a sustainable water supply. This is particularly important in this region, which is severely impacted by water scarcity and has a predominantly arid climate.
Opportunities for water projects in Africa’s growing market
The growing demand for clean water has opened up a wealth of opportunities for companies to establish and execute water projects. The expanding population and economies in the region have amplified the necessity for a dependable water supply, thereby stimulating the water projects market in Africa.
Infrastructure development and government initiatives boosting Africa’s water resources
Consequently, there is a specific emphasis on building infrastructure such as dams, reservoirs, and water treatment plants. The market is also anticipated to gain from several government initiatives. These include the Morocco National Water Plan 2020-2050, the Niger Basin Authority’s Water Resources Management and Development Plan, and Zimbabwe’s National Matabeleland Zambezi Water Project, all of which aim to enhance the region’s water resources.