The construction sector in Tunisia is at the beginning of what may prove to be a long-lasting recovery. In the aftermath of the 2011 revolution, contractors saw a slowdown in activity, as a result of lower public investment levels, sluggish growth in the property sector and broader macroeconomic instability. Turnover declined from TD8bn (€3....
As one of the major markets of sub-Saharan Africa, Kenya is of increasing interest as a real estate investment destination. The 44.2m-person country and its 4.2m-strong capital Nairobi, act as a gateway to a regional East African market approaching some 150m people. Domestically, the economy has been outperforming much of the world, the...
The story of cement in Kenya in the last five years largely tracks that of the construction industry in general. As the government has announced a raft of infrastructure projects and the construction sector has experienced double-digit growth, so has the consumption of cement shot up. However, unlike many markets that are experiencing a...
Kenya’s stand-out economic performance in a global environment of low growth is due, in part at least, to a vibrant construction industry. The sector has been accelerating at a rapid pace and making a substantial contribution to the country’s strong GDP growth figures, on the back of major public works projects and rising demand for mixed-use...
As cranes tower over the skies of an ever-expanding Cairo and billboards advertising new housing developments, universities and malls sprout up all over the city, it is clear that after several years of fits and starts Egypt is in the midst of a construction boom. Large government priority projects, such as the New Administrative Capital, the...
In 2016 a variety of factors contributed to price fluctuations in the normally stable cement industry. Although some variability remains, industry experts predict a return to stable growth in the long term.
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