South Africa’s construction industry has felt the impact of the post-World Cup slowdown more than any other sector of the economy. However, ongoing urbanisation trends suggest the sector may pick up in the near future, especially with regards to the social housing segment. South African construction companies have also experienced significant success in their efforts to expand into neighbouring...
Africa Construction
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Chapter | Construction & Real Estate from The Report: South Africa 2013
With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region.
Chapter | Construction & Real Estate from The Report: Gabon 2012
The construction industry has been a major driver of growth in recent years as Gabon has made moves to upgrade its infrastructure. These include major road projects, two new hydroelectric dams, port extensions and the construction of a new international terminal at Port-Gentil International Airport. Housing projects have also been important given the estimated deficit of 200,000 homes nationwide...
Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.
Chapter | Construction & Real Estate from The Report: Morocco 2013
The construction sector achieved 4.2% growth in 2011 and has consistently contributed around 5% to 6% of the GDP over the last eight years. Public spending on infrastructure has created opportunities for both local and foreign firms in the last decade. From 2003 to 2012, the government invested nearly Dh180bn (€16m) in basic infrastructure in an effort to improve capacity and efficiency. Foreign...
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.