The property market in Africa’s most populous nation is defined by significant long-term potential, but realising that potential for developers is not necessarily simple. A drop in the price of oil, a lack of foreign exchange and a depreciating currency are all combining to slow the economy, in turn stifling demand for both residential and...
Which regulatory changes could support efforts to create an enabling environment for real estate development?
The Tunisian real estate development industry is fragmented, with a large number of developers for a comparatively small market. Property and especially land prices have seen consistently strong growth in recent years, but 2015 was a difficult year for developers due to factors such as rising construction costs, land shortages and reduced...
Unlike many economies elsewhere on the continent, Tunisia’s construction market is dominated by local firms, which are also becoming increasingly active abroad, not only in nearby countries like neighbouring Algeria, but also in parts of West Africa. The domestic market is primarily driven by government investment and, following a slowdown in...
As Djibouti executes its $14bn infrastructure development plan, securing the necessary building materials has become a crucial necessity for construction companies and suppliers.
As the Djiboutian economy continues to post high headline growth rates, the lion’s share of attention is going towards the large volumes of capital funding for a spate of new infrastructure projects. However, the government is also working to devote an increasing amount of public resources and attention to the development of adequate housing...
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