Rapid population growth, steadily increasing urbanisation and rising incomes – particularly among the middle class – have fuelled expansion in Nigeria’s real estate sector over the past decade, and are expected to continue to drive growth in the industry. While most segments have seen increased investment in recent years, the country remains undersupplied in virtually every area, particularly...
Africa Construction
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Chapter | Real Estate & Construction from The Report: Nigeria 2013
Chapter | Construction & Real Estate from The Report: Algeria 2013
Major investments in a number of areas, such as transport, home construction and utilities provision are driving sector activity. The government is also planning a number of sector-specific initiatives, such as a plan to build 750 new hotels and create an additional 42 industrial zones throughout the country. Large-scale projects are attracting interest from both local and foreign firms. The real...
As the single most populous nation in Africa, Nigeria recently overtook South Africa as the largest economy on the continent. Natural resources, oil and gas in particular, comprise the country’s single largest revenue-earner but the 170m person economy also has seen significant activity in recent years into the industrial, financial, telecoms and – as of 2013 – power sectors.
Considerable oil and gas revenues have provided the Algerian government with sufficient funds to embark on generous public spending programmes in nearly all sectors, leading to improvements in many of the country’s headline indicators.
Chapter | Construction & Real Estate from The Report: Egypt 2013
Aided in part by the large domestic market, a spate of new industrial facilities, competitive labour costs and increasing urbanisation, the fundamentals of the Egyptian construction market look promising. The Egyptian real estate sector has continued to see growth, which has helped to support some contractors, but companies relying on work in the infrastructure segment, particularly those...
The wealth of the Nile River and its fertile banks and delta, together with Egypt’s location at the confluence of Africa, Asia and Europe, have made the country a valuable prize for centuries, as well as a centre of trade and ideas.