Africa Home Building Video News 30/08/23

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A report by Marcopolis indicates that The Real Estate Market in Ghana is on an upward trajectory

Decent and affordable housing in short supply in Africa

In Other News

Dubai’s real estate landscape has experienced a rapid evolution over the past two decades

Real estate market in Ghana is on an impressive upward trajectory

Ghana’s Real estate market is said to be on an impressive trajectory presenting both local and foreign investors with enticing prospects for substantial returns.

This was contained in an article on Marcopolis.

According to the report,Ghana’s real estate sector stands as a promising arena for investment.

However, this exuberant landscape necessitates meticulous market analysis before capital commitment.

Delving into an exhaustive examination of Ghana’s real estate panorama, the report aims to empower potential investors with the insights required to make informed and calculated decisions.

It underscores that the real estate industry currently claims the distinction of being the fastest growing sector within Ghana’s economic realm, boasting a remarkable average annual return of approximately 25%.

Decent and affordable housing in short supply in Africa

Decent and affordable housing is in desperately short supply. The UN estimates that 230m people in sub-Saharan Africa are living in what it defines as “slum households” – roughly half the continent’s urban population.

Kecia Rust, executive director of the Centre for Affordable Housing Finance in Africa (CAHF), a Johannesburg-based think tank says Africa’s housing crisis receives remarkably little attention.According to her, everyone talks about infrastructure, but no-one talks about housing.

A representative of the Johannesburg office of British International Investment (BII), the UK’s development finance institution, also points out that housing has been a challenging area for private sector players,” partly because of their difficulties in accessing finance. However, noting the crisis also represents an opportunity for developers and their investors to benefit from the continent’s urbanization.

Dangote Cement Clarifies Nigerian Cement Prices

Dangote Cement Plc., a major cement company in Nigeria, has clarified that the prices of cement in Nigeria are either in line with or lower than prices in neighboring West African countries.

The company addressed recent misinformation suggesting that its cement is sold at significantly higher prices in Nigeria compared to other countries.

Despite the inflationary environment, Dangote Cement remains committed to delivering quality cement at competitive prices.

The company is dedicated to innovation, quality, and providing excellent customer service while aiming for inclusivity and sustainability across its business operations.

In other news

Dubai’s real estate landscape has experienced a rapid evolution over the past two decades, positioning the city as a thriving global hub for developers and investors alike.A region once characterised by arid expanses has today transformed into a dynamic urban centre, a testament to astute leadership and forward-thinking urban planning.

Overcoming the disruptive impact of Covid-19, Dubai has managed to sustain its real estate momentum through a pragmatic approach and reforms to secure business credibility. The city’s ambition for diversification has enabled it to cater to the growing demand for various real estate categories, from retail and commercial to residential and hospitality.

Bolstered by Dubai’s status as a tourism hub and an investment-friendly domain, an asset category that has quickly risen to the fore is leisure and entertainment (L&E).

Africa Home Building News- Joyceyn Marigold & Diana Okyerebea

STEERING GREEN BUILDING TRANSITION – “TRADING GREEN”

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