With many countries in Africa planning or implementing major highway building programs, demand for asphalt is expected to rise. That has prompted an increase in asphalt imports and a French asphalt company’s acquisition of a large West African company.
Imported asphalt’s price is much lower than locally produced material, especially in Nigeria, where marketers are lobbying for punitive import taxes. The low price of imported asphalt has caused concern at an African asphalt trade association.