Africa Construction

Africa is a diverse continent, with roughly 1bn people, 54 countries and thousands of languages. Additionally, many of its economies are facing similar challenges. One of the most common obstacles African markets face is a shortage of affordable housing. Kenya has a housing gap of 2m homes, for example, and in Nigeria that figure is as high as...

With demand for housing in Côte d’Ivoire continuing to outpace supply, the government has more than doubled its social housing target and unveiled a number of reforms to the sector’s regulatory framework. While a lack of available affordable units is the most immediate concern, policymakers are hoping to pave the way for a sustained increase...

As is the case throughout the region, real estate demand in Côte d’Ivoire is generally high, surpassing existing offerings in most, if not all, segments, from housing to industrial, office space and retail. The situation is particularly acute in the housing sector, with a national housing deficit of 400,000-600,000 units. The government has...

The cement industry experienced a supply shortage in early 2015, as local producers struggled to meet a high demand in cement fuelled by an increasing number of public works and private construction projects. To stabilise the situation, the government allowed local producers to import cement. While this was successful in balancing prices, many...

As Côte d’Ivoire continues to recover from the instability of the previous decade, construction remains a key driver of growth, with a swath of new projects either launched or planned in various sectors, including several that form part of the government’s main infrastructure programmes. There have been some bottlenecks, however, particularly...