One of Africa’s best-performing markets for investors, in the past 14 years Kenya’s property prices have increased three-fold, including a 9.6% year-on-year leap from 2011 to 2012, according to HassConsult, a local property development and services firm. Investment returns are in excess of 28%, figures from the Kenya Property Developers Association show. The sector is...
For many years the real estate market was an often-overlooked component of Ghana’s economy, failing to be as eye-catching to domestic and overseas investors as the better-known success stories in commodities, energy and agriculture. This is beginning to change, however, as capital generated by Ghana’s energy-led aggressive growth from 2010 onwards has both helped attract...
Infrastructure development in Ghana has seen a healthy progression over the past decade, mainly as a result of the Jubilee oil field discovery in 2007. Following Tullow Oil’s initial operations in 2010 demand for construction surged in 2011-12 as the government commenced various large-scale infrastructure projects. There was a particular focus on transport, housing and...
As demand for utilities, housing and overall infrastructure in Ghana rises, new government projects and private developments require an ever-increasing supply of building materials, particularly cement. Local players are expanding production capacity while two new plants are set to begin operations in late 2014 and early 2015. Although challenges remain apparent, such as...
Launched in June 2012, the National Infrastructure Master Plan (Schéma Directeur National d’ Infrastructure, SDNI) has 21 priority projects to be carried out until 2025 in key sectors such as energy, transport, special economic zones, tourism, telecoms and urban development. Funding for these major projects would ideally come from multiple sources, including public and...
In many ways, Gabon would seem like a natural fit for a high-turnover residential market, particularly in the middle- and upper-income segments, given that the country has one of the highest levels of GDP per capita based on purchasing power parity in sub-Saharan Africa. However, Gabon also grapples with a traditionally low saving rate, issues...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×