The report, launched at the African Investment Forum on December 4, reveals that the sector reached $1.3 billion in 2024 and is expected to continue expanding rapidly in the coming years.
A key driver of this growth is the $2 billion Bugesera International Airport project, one of the largest infrastructure initiatives in the country.
In addition to the airport project, the report highlights that Rwanda's construction growth is supported by the implementation of new strategies aimed at boosting key industries, particularly in pharmaceuticals and ICT.
Across East Africa, the construction sector reached $48.1 billion in 2024, accounting for a quarter of Africa's total construction value.
The region is projected to see this figure nearly double by 2028, reaching $73 billion. Key contributors to this growth include Tanzania's focus on modern railway construction, Ethiopia's industrial park developments, and Kenya's $3.4 billion oil exploration project in South Lokichar, set to commence between 2024 and 2025.
Rwanda's continued infrastructure development positions it as one of the fastest-growing construction markets in Africa over the next decade.
IGIHE
