Building Africa’s Future: Shaping Growth Opportunities for Real Estate Investment

Building Africa’s Future: Shaping Growth Opportunities for Real Estate Investment


Editor's Note

Welcome to your April edition of the Africa Bulletin.

This month, we focus on real estate and how it's building Africa's future and shaping growth opportunities for investors and businesses. Africa is a continent on the rise, and with this ascent comes the need to compete as the global destination of choice for investors. The real estate industry is a critical catalyst for the continent's growth and prosperity. The continent is making significant strides in this regard, focusing on previously neglected sectors such as manufacturing, agro-processing and infrastructure. Additionally, technology and sustainability positively impact the sector, positioning African cities as regional economic hubs.

We also explore major African business narratives impacting the region and the globe at large. These stories interconnect with comprehensive reports centered on Africa's digital infrastructure, real estate, private capital and economic growth.

As always, we've curated news stories to navigate you through today's business environment, offering a global perspective on the legal issues relevant to your industry.

We are ALN. One region, One vision, One ALN.


Top Story

Building Africa’s Future: Shaping Growth Opportunities for Real Estate Investment5

Africa’s population growth continues to soar, and it is expected to reach approximately 2.5 billion by 2050, according to the United Nations, meaning the continent will be home to 25 percent of the global population. This projected population growth will increase demand for infrastructure, energy and real estate projects, mostly in the major cities. Economic hubs, including Cairo, Lagos, Luanda, Dar es Salaam, Nairobi, and Addis Ababa, are home to over 65 million people, a figure set to rise to 100 million by 2030.

These cities and others will enter their next phase of growth, which will be major pillars unleashing a wealth of investment opportunities in the sector. Across the continent, countries have devised plans to capitalise on real estate investment, including launching housing programmes to help provide decent and affordable housing to residents and tackle the housing deficit across...Read more.


Stories that Matter

Business News making Headlines in Africa

  1. Africa | World Bank Project to Connect 300 Million Africans to Electricity by 2030 - The World Bank Group in partnership with the African Development Bank are aiming to provide at least 300 million people in Africa with access to electricity by 2030. The Washington DC...Read more.
  2. Africa | African Countries Set to Outperform Resource-Rich Nations - A report by the World Bank titled “Addressing Inequality to Revitalize Growth and Alleviate Poverty in Africa,” highlights this fact as it forecasts that African countries with fewer to no resources are set to...Read more.
  3. East Africa | East African Nations Among Countries with Firms Making USD 1 Billion Revenues - Africa has at least 345 companies with revenues of USD 1 billion or more per annum of which 3 percent (11) of the firms are located in East Africa (EA) underlining the region’s growing...Read more.
  4. Egypt | State to Receive USD 20 Billion for Real Estate Mega Project - In an interview with CNBC Arabia, Finance Minister Mohamed Maait stated that Egypt is set to receive approximately USD 20 billion from the second tranche of the Ras El Hekma project by the end of May 2024...Read more.
  5. Ethiopia | National Carrier Embarks on Construction of Africa’s Largest Airport - Ethiopian Airlines recently unveiled plans to initiate the construction of Africa’s largest airport, a monumental project estimated to cost USD 7.8 billion. This ambitious endeavour marks a...Read more.
  6. Kenya | Kenya Tops Africa as Start-Up Funding Destination - Kenya has defied a global funding drought for budding companies to post a 17 percent increase in new start-up investments, toppling Nigeria and Egypt as the continent’s largest destination for start-up financing...Read more.
  7. Libya | OPEC Announces Libya as Africa’s Largest Oil Producer - Libya overtook Nigeria as the top African crude oil producer for March, data from the Organization of Petroleum Exporting Countries (OPEC) has shown. According to the April 2024 Monthly Oil Market Report...Read more.
  8. Nigeria | FG to Execute USD 3.8 Billion Gas Supply Agreement in May - The Gas Supply and Purchase Agreement to support the Final Investment Decision for the USD 3.8 billion Brass methanol project is to be executed in May 2024. The Brass methanol project is a major industrial...Read more.


Reports

Digital Infrastructure in Africa | United Nations Economic Commission for Africa

Courtesy: United Nations Economic Commission for Africa

This report provides an overview of digital infrastructure in Africa and compares it with digital infrastructure in the rest of the world. The scope is limited to the components of digital infrastructure related to digital trade. In particular, the focus is internet infrastructure (notably, broadband infrastructure), data-related infrastructure (encompassing IXPs, data centres and cloud computing) and delivery-related or logistics infrastructure. It also covers elements that are likely to affect digital trade, such as digital payment systems and digital platforms.

Click here to download and read the report.?


Africa Horizons | Knight Frank

Courtesy: Knight Frank

With the shackles of the pandemic now behind us, renewed global interest in Africa is evidenced by the recent engagement and investment commitments made by major global powers such as the US, UK, South Korea, UAE, Saudi Arabia, Turkey, and China. For private and institutional investors, this sovereign-level interest provides a springboard for taking advantage of emerging opportunities across individual real estate sectors. This report explores these sectors in more detail and highlights five stand-out investment opportunity areas as we see them.

Click here to download and read the report.?


2023 Private Capital Activity in Africa | AVCA

Courtesy: African Private Equity and Venture Capital Association

2023 emerged as a resilient year for Africa’s private capital industry, marked by the second-highest year on record for deal volume and the fourth-highest year on record for deal values. Furthermore, investor confidence in Africa’s private capital industry persisted, evidenced by interim fundraising which reached unprecedented levels in 2023. This report provides an analysis of the latest trends of fundraising, investments, and exits within African Private Capital Activity in Africa, shedding light on the recent developments that took place during 2023.

Click here?to download and read the report.?


Africa’s Pulse | World Bank

Courtesy: World Bank

This issue of Africa’s Pulse suggests that the post-COVID-19 growth recovery in Sub-Saharan Africa remains fragile, and there is renewed urgency to revitalise economic growth. Addressing the drivers of structural inequalities requires policy frameworks that account for interlinkages, complementarities, and trade-offs across three phases of the income generation process -?building people’s productive capacities, addressing market and institutional distortions that limit people’s ability to use and benefit from those productive capacities, and ensuring fiscal progressivity.

Click here to download and read the report.?


Thank you for being a part of our community, and we hope you find this edition of the Africa Bulletin informative and inspiring.

Great insights shared here. To capture the rapidly evolving market dynamics, have you considered leveraging predictive analytics for targeted growth opportunities, offering a step ahead in strategic planning for these emerging sectors?

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