What factors lie behind Kenya’s real estate boom, and to what extent can a bubble be avoided?
Interviews & Viewpoints | OBG talks to Mohamed Hassanali, CEO & Director, HassConsult Real Estate from The Report: Kenya 2014
Articles & Analysis | New regulations encourage foreign companies to partner with local firms from The Report: Kenya 2014
Kenya has a fragmented domestic construction industry, mainly populated by small and medium-sized contractors who may not always have the capacities and capabilities required for large infrastructure projects. As a result, foreign contractors have long played a sizeable role. In East Africa, European and US contractors make up roughly half of the market in terms of...
Articles & Analysis | At the centre of the country’s economic ambitions, the sector eyes continued expansion from The Report: Kenya 2014
Following several years of sustained growth, the outlook for Kenya’s construction sector remains positive as the industry benefits from the elevated levels of public spending outlined in the Vision 2030 development strategy. With a host of infrastructure projects planned, as well as increased housing demand, contractors are set to profit from a continuation of the robust...
Articles & Analysis | Sector prospects broaden as economic devolution accelerates from The Report: Kenya 2014
One of Africa’s best-performing markets for investors, in the past 14 years Kenya’s property prices have increased three-fold, including a 9.6% year-on-year leap from 2011 to 2012, according to HassConsult, a local property development and services firm. Investment returns are in excess of 28%, figures from the Kenya Property Developers Association show. The sector is...
Interviews & Viewpoints | OBG talks to David Morley, Partner and Head of Real Estate, Actis from The Report: Ghana 2014
How do you expect the interest in consumer-facing industries in sub-Saharan Africa to evolve?
Articles & Analysis | Access to credit and land administration reform can help the sector mature and consolidate the country’s wider growth story from The Report: Ghana 2014
For many years the real estate market was an often-overlooked component of Ghana’s economy, failing to be as eye-catching to domestic and overseas investors as the better-known success stories in commodities, energy and agriculture. This is beginning to change, however, as capital generated by Ghana’s energy-led aggressive growth from 2010 onwards has both helped attract...