Africa Construction

Although construction of a wide range of commercial units and high-value projects have been completed since 2011, there is a housing shortage of 400, 000-600,000 units across the country, with around 200,000 of these in Abidjan alone. As the population and urbanisation rates grow, demand for housing is rising by an estimated 40,000-50,000...

The construction of numerous large infrastructure projects has contributed considerably to economic expansion since 2012. The sector, still mostly driven by public investment, has witnessed significant growth in recent years; its dynamism has attracted international companies, particularly Chinese firms, which have completed several important...

The Moroccan real estate sector recorded a subdued performance on most indicators in 2019, as prices and demand continued to fall or show little improvement. According to the real estate price index published quarterly by Bank Al Maghrib, the country’s central bank, and the National Agency for Land Conservation, Valuation and Cartography (...

Morocco’s construction sector has performed moderately well since the global financial crisis of 2007-08. According to the most recent figures from the Ministry of National Planning, Urban Planning, Housing and Urban Policy, the sector contributed 6.3% to economic growth in 2017, or Dh59bn ($6.1bn), and created 15,000 jobs, including 1000 in...

Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world.

Ghana is following a continent-wide trend of a booming population moving towards cities. The World Bank estimated Ghana’s population at 29.8m in 2018, up from 19.3m in 2010. Meanwhile, the proportion of those living in urban areas rose from 43.9% in 2000 to 55.3% in 2017, according to the African Development Bank.