According to a report published by the French Ministry of Finance in 2014, more than 75% of the urban population in Gabon currently live without a land title in dwellings with limited access to basic services. With continued urban growth at an average rate of around 30,000 new city residents per year, the gap between housing supply and demand...
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Articles & Analysis | Gabon starts spending big on affordable real estate from The Report: Gabon 2015
Articles & Analysis | The government of Gabon mitigates obstacles in the construction sector from The Report: Gabon 2015
Real estate activity in the country has decreased slightly since 2014, although demand in key segments, such as commercial property and affordable housing, continues to remain strong due to a shortage of current supply. Demand for rental property is also on the rise and represents an area of expected growth in the short term. However, time...
Interviews & Viewpoints | Paul Mapessi, Managing Director, Société Nationale du Logement Social (SNLS): Interview from The Report: Gabon 2015
Chapter | Construction & Real Estate from The Report: Gabon 2015
While ongoing infrastructure projects are providing a steady supply of work for construction firms, fiscal constraints have led to a reduction in public investment. Access to land remains a key obstacle for real estate development. To address this, the government has introduced reforms to reduce wait times for land titles from as much as 10 years down to 180 days.
This chapter...
An upper-middle-income country situated on the Gulf of Guinea, Gabon is one of Africa’s leading oil producers. With a population of around 1.7m and a stable political system, it plays a leading role in the region through its membership in the CEMAC economic bloc.
Lower government revenues following the downturn in global hydrocarbons prices have prompted Trinidad and Tobago to re-evaluate its spending priorities and intensify its efforts to diversify the largely energy-driven economy. Thanks to the country’s strong fundamentals, 2015 is expected to be a recovery year, with the Caribbean Development Bank forecasting expansion of 1.7%, after GDP growth of less than 1% in 2014.