#Tatu City Kenya smart city

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Top 10 smartest cities in Africa this year

Africa is undergoing impressive urban growth. This continent is likely to be the fastest urbanizing continent in the world. In this post, we'll introduce the top 10 smartest cities in Africa.

Africa is undergoing impressive urban growth. This continent is likely to be the fastest urbanizing continent in the world. The continent who was alongside Asia one of the least urbanized in the world back in 2014, is now demonstrating fast urbanization rates and is envisioned to reach a 2.4 billion population within the next decades favoring cities over rural areas. It’s no secret that…

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This article was originally posted in African Business Central [ad_1]

African countries are in a race to build new billion-dollar cities for the 21st century (Infographics)

Africa’s planned new city projects are coming at billion-dollar costs. Credit: Estate Intel/Quartz

Number of new city projects planned in Africa. Credit: Estate Intel/Quartz

An additional 1.3 billion people will be added to Africa’s population by 2050 and, unless infrastructure development happens at an unprecedented pace, sharp housing shortages will likely be an offshoot of the rapid population growth.

The problem will be even more acute in urban areas as more people migrate to cities for access to economic opportunities and better living standards. Indeed, by 2050 all of Africa’s key sub-regions will have more than 50% of their population living in urban areas. A new report by Estate Intel, a real estate market data and research firm, shows private developers and governments across the continent are spending over $100 billion on new sprawling city projects from Utopian sea-side business districts, smart tech hubs to futuristic residential cities.

Of the eighteen major new city projects analyzed in the report, Nigeria accounts for five which, when completed, will cover a landmass of more than 25 million square meters. Nigeria, already Africa’s most populous country, is set to become the world’s third largest by population in 2050. But the pace of new city developments do not always match population size: Mauritius, the Indian Ocean island nation of only 1.2 million people, has four major new cities planned.

Read more: Eko Atlantic, Diomniadio, Tatu: Africa’s new billion-dollar cities — Quartz Africa

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African countries are in a race to build new billion-dollar cities for the 21st century (Infographics) – African Business Central This article was originally posted in African Business Central African countries are in a race to build new billion-dollar cities for the 21st century (Infographics)