EA construction boom to defy debt fears, banking on political stability

A new airport south of Kigali, in Rwanda, could accommodate eight million passengers a year, making it one of the busiest in Africa.

Photo credit: Aviation Travel and Logistics (ATL)

Infrastructure enthusiasts in the East African region can look up to a boom, with investments likely to double in the coming years, in spite of fears around mounting debt.

An investment outlook for the construction industry, presented by the Afrexim Bank, shows that East Africa’s general investments in big-ticket projects have risen to $48.1 billion, 25 percent of the continent’s overall value.