Why Building Costs in Africa Are Higher Than Expected—and How to Stay on Budget
"Tackling the hidden costs and surprises in African construction projects"
When starting a construction project in Africa, many investors are surprised by the high costs that exceed their expectations. This article will explore why construction costs in Africa tend to be higher, from fluctuating material prices to unreliable infrastructure. More importantly, we’ll show you how to stay on budget and avoid costly mistakes.
1. High Construction Costs Compared to Expectations
One of the most frequent complaints from customers is the unexpectedly high construction costs. This can be attributed to fluctuating material prices, supply chain issues, and hidden fees that are not disclosed upfront by some contractors. According to the World Bank, construction costs in Sub-Saharan Africa can be 15-30% higher than other developing regions due to these factors.
2. Slow Project Timelines That Don’t Match Deadlines
Time delays are another major frustration for customers. Many projects in Africa take longer than expected due to inefficient project management, material shortages, or unpredictable infrastructure. The African Development Banknotes that supply chain issues are one of the main reasons for delayed construction projects across the continent.
3. Unreliable Local Infrastructure and Utilities During Construction
Frequent power outages, water shortages, and unreliable roads can slow down construction projects significantly. For example, in some regions of West Africa, it is common for projects to be delayed for days or weeks due to infrastructure issues, which further increases costs for the investor.
If you’re planning a construction project in Africa and want to avoid unnecessary cost overruns, contact us today for a free consultation. We’ll help you stay on budget and ensure your project runs smoothly from start to finish.
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