A number of foreign and local private property developers are competing in Algeria’s real estate market seeking to tap into strong demand for property in the residential market, as well as retail, hospitality and tourism segments. Demand for affordable housing – largely due to a significant increase in urbanisation as well as a steady growth...
Faced with a significant deficit of affordable housing in urban centres, all eyes are on the nation’s housing projects and the authorities’ ability to deliver more than 1.6m housing units by 2019 in spite of the low oil price environment which has had a significant impact on government revenues and budgets. Nevertheless, the real estate sector offers multiple investment opportunities as the...
Over the past 20 years, Ghana has outperformed its neighbours in reducing poverty and ensuring political stability, which resulted in an influx of foreign direct investment. The real estate sector in particular saw rapid growth after the discovery of oil in 2007, as dozens of multinational companies and surveyors flooded the country, driving...
Since most of Ghana’s building materials are imported to the country, the devaluation of the cedi has driven prices upward and had a profound effect on the cost of construction and availability of materials. In order to ease transactions for construction firms and boost broader economic growth, the government is working to further increase...
Ghana’s growing oil and gas sector, investments in infrastructure, rapid urbanisation and a growing housing deficit continue to place demand on the country’s construction sector. However, the rising prices of both electricity and building materials pose long- and short-term challenges. Despite setbacks, the construction sector has continued to...
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