Large investment volumes have been stimulating construction activity, notably in port expansions, road development and the establishment of new power stations. These projects are expected to drive growth in both the sector and the overall economy. In addition, the need to improve living conditions for the country’s population is providing motivation for a range of urban projects. Hence, the...
Real Estate
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Chapter | Construction & Real Estate from The Report: Djibouti 2018
Located at a juncture between Africa, the Middle East and Asia, Djibouti has easy access to international trade routes via the Gulf of Aden and the Red Sea, and borders fast-growing yet landlocked Ethiopia, making it an ideal continental hub. New ports, railway links and road improvement projects are enhancing economic efficiencies and providing a solid platform to bolster expansion in sectors.
Articles & Analysis | Creating efficient spaces is of top priority as the world's urban population grows from The Report: Kenya 2018
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
Articles & Analysis | Kenyan real estate to benefit from increased low-cost housing and healthy credit growth from The Report: Kenya 2018
Bridging Kenya’s affordable housing deficit was one commitment made by President Uhuru Kenyatta when he announced his Big Four agenda in 2017. Specifically, a goal was laid out to add up to 500,000 affordable housing units to the nation’s stocks during this second term in office, which ends in mid-2022. The policy could prove to be a key...
Interviews & Viewpoints | Mucai Kunyiha, Chairman, Kenya Property Developers Association: Interview from The Report: Kenya 2018
How can government and construction companies come together to implement the Big Four agenda?
Articles & Analysis | Kenya's construction sector to make a comeback after a period of slower economic activity from The Report: Kenya 2018
The domestic real estate environment in 2017 was shaped by slower economic growth as compared to 2016, stagnating prices and shifts in the retail scene. The Kenyan property market experienced strong performances in 2014-16, with high occupancy seen in the office segment, in particular. However, both commercial and residential real estate...