Aggregate spending on infrastructure across Ghana, 3 others to increase to $96bn in 2050 – PwC Global Infrastructure Outlook
The continent is expected to add more than 800 million urban residents by 2050, and the number of megacities will triple. Spending on transport infrastructure, the largest sector, is projected to more than double as trade corridors expands. Agriculture and resource infrastructure will be the region’s second- and third-largest spending sectors over the forecast period.
PwC's Global Infrastructure Outlook 2026 predicts a 77% surge in infrastructure spending across Ghana, Kenya, Nigeria, and South Africa, rising from $54 billion in 2024 to $96 billion by 2050. The increase stems from rapid population growth and urbanization, with Africa adding over 800 million urban residents by 2050 and its number of megacities tripling.
Transport infrastructure is expected to see the most significant increase, more than doubling as trade corridors expand. Agriculture and resource infrastructure will be the second and third largest spending sectors. Experts warn that while top-line revenues will rise, profits depend on strategic, system-wide investment approaches that overcome current constraints and accelerate delivery.
Key to this strategy is stable, long-term planning, separate bodies with powers to make infrastructure investment decisions, and streamlined planning and regulatory processes. The report also stresses the importance of coordinated spending across infrastructure sectors to avoid bottlenecks, and innovative financing and partnership mechanisms, including capital recycling.
By 2050, infrastructure will increasingly support electrification, data, automation, and circular resource flows, moving beyond isolated physical assets.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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