Real Estate

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With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola  and Egypt, according to the US Diplomatic Mission.

Chapter | Real Estate from The Report: Qatar 2012

While the real estate sector has experienced a lull in recent years, property prices have remained stable over the past 12 months – a significant improvement on three years ago when prices were in freefall. The sector has recovered from the global economic crisis, and government plans to expand the non-hydrocarbons sector bode well for the market. In addition, new luxury real estate developments...

Since 1953, when oil was first discovered near Port-Gentil, Gabon’s economy has been dominated by the petroleum industry. According to the BP “Statistical Review of World Energy 2012”, Gabon is the sixth-largest crude oil producer in sub-Saharan Africa and has the region’s fourth-largest proven reserves.

Chapter | Construction & Real Estate from The Report: Egypt 2012

The long-term fundamentals in Egypt are very attractive in just about every sector, and construction is no exception. In the wake of the revolution, a number of projects scheduled for 2012 were moved up to 2011, stimulating the economy but leaving a dearth of government approved projects for the future. With presidential elections having taken place, the construction sector in Egypt is now...

Located on Africa’s western coast, Ghana is home to 24m people and a variety of ethnic groups. The country is divided into 10 administrative regions and has a strong executive branch, a unicameral legislature made up of 230 members, and an independent judiciary.

Chapter | Construction & Real Estate from The Report: Ghana 2012

Fuelled by public infrastructure maintenance and expansion, private real estate development and individual residential construction, Ghana’s construction industry has been growing steadily, with sector output increasing by 91.8% between 2006 and 2010. With demand for individual family houses – particularly in the low-income bracket – on the rise and plans in place to develop a number of new...

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