Kenya is one of the economic and political heavyweights of East Africa. Despite recent security issues, it is recording strong economic growth and maintaining its leading position in the region. Recent discoveries of new oil, gas and water reserves and a young population give further cause for optimism, and the government is working to put the right policies into place to maximise the country’s potential.
Algeria’s construction sector remains buoyant despite the impact of the significant drop in global oil prices, with the government continuing its support for the main social programmes and infrastructure projects to diversify the oil-dependent economy. A new five-year investment plan for the period 2015-19 worth €233.7bn was approved by the...
As with many emerging markets, Algeria faces a chronic shortage of affordable housing, which has concerned successive governments since 1999. Since the first five-year plan of 1999-2004, the country has built a total of around 2.4m low-cost housing units, according to the Ministry of Housing and Urban Development, but still has a national...
Algeria’s real estate market has in recent years seen a proliferation of private property developers seeking to tap into growing demand amongst the upper and middle classes for mid-to-high-end residential property, shopping malls, quality hotels and tourist resorts. However, demand remains highest for low-income units, which the public sector...
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