Innovative business models to capitalize on African water market transformation: Study


DUBAI — The global industrial water market is expected to grow at a staggeringly high rate of 7.6% in 2018. Sustainability and water security will take the spotlight, as the world aligns towards protection of vulnerable waters and minimizes impact of water-related hazards. In the event that status quo is maintained, two-thirds of the world’s population could be living in water stressed conditions by 2025.

In this context, Africa will be one of the most prominent stakeholders for the emerging water industry, considering that the continent has the largest number of water-scarce countries in the world. A majority of the continent relies on rainfall and surface water for water supply, which is not going to be sustainable any longer. Many of the existing fresh water sources have been polluted…

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