Public-private partnerships continue to play key role, government encourages local production of materials. Construction is the largest subsector of industry Growth begins to stall in the real estate market
Africa Construction
Displaying 211 - 216 of 463
Chapter | Construction & Real Estate from The Report: Ghana 2017
The Ghanaian economy is well positioned to accelerate growth, with several key factors likely to encourage expansion in the coming years.
Articles & Analysis | Gabon's government prioritises closing the housing deficit from The Report: Gabon 2016
As with many African property markets, Gabon has seen its different subsectors evolve in very different ways. Gabon has an estimated housing deficit of 200,000, concentrated on middle- and low-income earners, but there is a growing oversupply in the high-end segment. Despite empty units, high-end property remains expensive, especially in the...
Articles & Analysis | Gabon awaiting several major infrastructure projects to spur growth from The Report: Gabon 2016
According to the IMF’s 2015 Article IV consultation with Gabon, the early years of the Emerging Gabon Strategic Plan (Plan Stratégique Gabon Emergent, PSGE) proved to be a significant boon for the construction sector. The IMF reported that “high oil revenues funded a scaling up of public investment that helped propel overall growth to nearly 6...
Chapter | Construction & Real Estate from The Report: Gabon 2016
Following the construction surge leading up to the 2012 Africa Cup of Nations, the sector’s focus shifted towards improving infrastructure, roads and housing. However, the economic malaise facing Gabon in light of the domestic debt crisis, coupled with the subsequent reduction in oil prices, has translated into a serious slowdown in the construction sector, which shrunk by 3% in 2015. While...