The Status of Africa's Construction Industry and its Porter's Five Forces Analysis

Abstract

With the increasingly stable political situation in Africa, economic construction has developed steadily. According to the African Union's 2012-2020 Africa Infrastructure Development Plan, a priority action plan, the African construction market has great potential. This paper first analyzes the background and significance of research, and then provides the relevant information about the state of the construction industry in Africa. Finally, the paper provides development ideas and management information for the African real estate developers and project contractors by using the Porter Five Forces analysis.