In 2009, the Common Market for Eastern and Southern Africa began work on the North South Corridor — a series of roadways and railways spanning more than 6,000 miles across seven countries. Its total cost is approximately $1 billion.
Tanzania's Bagamoyo Port will become Africa's largest port, capable of handling 20 million containers per year. With an estimated cost of $11 billion, a Chinese government construction firm expects to complete the port by 2045.
In 2013, Chinese development firm Zendai Property Limited announced it was building an $8 billion city outside Johannesburg, called Modderfontein New City. It will become a hub for Chinese firms investing in African infrastructure.
Not to be outdone, Kenya is getting Konza Technology City, a $14.5-billion software hub outside Nairobi. The government is calling it "where African silicon savannah begins."
In 2013, Morocco launched a $420-million urban development project in the Bouregreg Valley. Building up the area will link Rabat and Salé, two of Morocco's most vibrant towns currently split by the valley.
Earlier this July, China and Nigeria agreed to a $11-billion contract to build the Lagos-Calabar coastal railway. It'll stretch for 871 miles and is expected to open in 2018.
At a cost of $4.8 billion, the Grand Ethiopian Renaissance Dam will provide hydroelectric power to Ethiopia and nearby countries. There is some criticism, however, that the dam forces the relocation of nearly 20,000 people.
At an average output of 39,000 MW per year, the Grand Inga Dam will become the largest energy-generating body in the world. Its total development cost is an estimated $100 billion. Developers expect to finish the project by 2025.
Source: Bloomberg