The past two years have seen the Tunisian economy follow a gentle upward trajectory – one that falls short of the pace of expansion needed to reduce poverty and improve the revenue base, but that nonetheless exhibits a marked improvement over previous years.
A lift in activity is expected for Papua New Guinea’s residential property market heading into next year, boosting both rentals and sales after a recent cooling from a slowing economy and rising costs.
Rising demand for industrial space in Kenya is shoring up the non-residential component of the country’s real estate sector, at a time when the office and retail segments appear to be moderating after recent increases in supply.
A proposal to restructure leasehold agreements on property has been put forward by the government, though uncertainty over new land and building taxes may impact the rollout of new projects.
As one of the major markets of sub-Saharan Africa, Kenya is of increasing interest as a real estate investment destination. The 44.2m-person country and its 4.2m-strong capital Nairobi, act as a gateway to a regional East African market approaching some 150m people. Domestically, the economy has been outperforming much of the world, the...
The story of cement in Kenya in the last five years largely tracks that of the construction industry in general. As the government has announced a raft of infrastructure projects and the construction sector has experienced double-digit growth, so has the consumption of cement shot up. However, unlike many markets that are experiencing a...
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