Africa Construction

As Côte d’Ivoire continues to recover from the instability of the previous decade, construction remains a key driver of growth, with a swath of new projects either launched or planned in various sectors, including several that form part of the government’s main infrastructure programmes. There have been some bottlenecks, however, particularly...

Despite the impact of lower oil prices on government budgets, Algeria’s construction sector is growing and developing thanks to ring-fenced investments in public and industrial infrastructure as well as housing.

A number of foreign and local private property developers are competing in Algeria’s real estate market seeking to tap into strong demand for property in the residential market, as well as retail, hospitality and tourism segments. Demand for affordable housing – largely due to a significant increase in urbanisation as well as a steady growth...

Over the past 20 years, Ghana has outperformed its neighbours in reducing poverty and ensuring political stability, which resulted in an influx of foreign direct investment. The real estate sector in particular saw rapid growth after the discovery of oil in 2007, as dozens of multinational companies and surveyors flooded the country, driving...

Ghana’s growing oil and gas sector, investments in infrastructure, rapid urbanisation and a growing housing deficit continue to place demand on the country’s construction sector. However, the rising prices of both electricity and building materials pose long- and short-term challenges. Despite setbacks, the construction sector has continued to...

Since most of Ghana’s building materials are imported to the country, the devaluation of the cedi has driven prices upward and had a profound effect on the cost of construction and availability of materials. In order to ease transactions for construction firms and boost broader economic growth, the government is working to further increase...