Africa Sees Surge in High-Value Chemical Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Africa's chemical sector is experiencing a surge in high-value capital projects, which are those valued at least US$1 billion.

The highest investment is in the industrial gases sector, with 28 projects worth US$43.2 billion. Most of these are green hydrogen projects, with announcements from companies and institutions such as Egypt's New and Renewable Energy Authority (NREA), Namibia's Hyphen Hydrogen Energy and Enertrag South Africa.

It is projected that green hydrogen could sustainably industrialize Africa since it has the best solar energy resources in the world. Transforming solar power into green hydrogen can strengthen energy security, cut emissions and pollution and decarbonize industry and transport.

H2-Industries Incorporated (New York, New York) is the largest investor, with its US$4 billion waste-to-hydrogen project in Port Said, Egypt. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for the project report.

Next is Hyphen Hydrogen Energy, which is set to build a 3-gigawatt green hydrogen project in Lüderitz, Namibia, which is expected to be commissioned by end of 2026. Subscribers can click here for the related project reports.

Subscribers can click here for a list of project reports for chemical projects worth US$1 billion or more in Africa.

Subscribers can click here for all project reports referenced in this article and click here for the related plant profiles.

Click on the image at right for a graph showing high-value chemical projects in Africa by standard industry code (SIC).

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).