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 grow. According to the Ghana Statistical Service, […]
According to JLL’s newly released “Emerging Beyond the Frontier” research report, unprecedented liquidity in global capital markets is fueling investors to seek out new markets and it is beginning to find its home in real estate markets in Sub-Saharan Africa (SSA). JLL’s report reveals that sustained economic and demographic growth in SSA countries are combining […]
Kempinski Hotels, the Europe-based luxury hotel group, is planning to expand its portfolio of luxury hotels in Africa. The company opened two new properties in Kenya in 2013 and plans to add five more hotels in Africa in the next year, the company said in a release. Openings in 2014 include the 269-room Kempinski Hotel […]
