Côte d’Ivoire has faced a shortage of cement since early 2015, as a result of rapid growth in construction activity when large-scale investment returned to the country after 2011. Demand for cement – and therefore its pricing – is also highly seasonal, leading to particular supply pressures between January and May, the dry season when most...
What measures are being taken to streamline land title acquisition procedures in Côte d’Ivoire?
In current prices, the construction sector’s value-added was equal to 5.9% of GDP in 2016, according to the BCEAO, up from 1.7% in 2010. Overall, strong demand for residential units and office space, as well as government-led social housing initiatives and falling mortgage interest rates, should underpin continuous development and sales growth over the medium term. This should be bolstered by...
Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation is the speed at which this 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 dwellers. The UN...
The construction sector in Egypt is experiencing the best of times and the worst of times. On the one hand, the government has placed the sector at the heart of its economic agenda, ensuring that there will be plenty of contracts available in the foreseeable future. On the other hand, efforts to reform the economy through the removal of fuel...
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