Socio economic impact

The socio-economic impact on Africa vis a vis the Regenerating Cities initiative cannot be overemphasized as we take cognisance of the effect this project is bound to have on the entire continent. Aspects such as employment of both skilled and unskilled workforce will inevitably be triggered by a region-wide construction process which will invariably witness major African cities evolving into 21st century smart cities. This outcome will become not only the birth of a modern African environment but also a catalyst for sustainable economic growth such that will usher Africa into a place of true wealth amongst the league of advanced economies. In our economic analysis and forecasts, it is estimated that the entire African economy will experience a steady upward growth of between 3 -5% per annum over the next ten years.


socio economic impact