[Elvis Ogina,Standard]There has been a rejuvenated global interest into African real estate after two years of the Covid-19 pandemic. The report delves into these sectors, providing in-depth insights and identifying five standout investment opportunities. According to the report, rapid urbanisation in Africa creates real estate investment opportunities as mega-cities grow, with a projected population of 145 million by 2030. Securing funding for urban expansion remains challenging due to political instability and inadequate infrastructure, but opportunities exist in agriculture, data centres, and manufacturing sectors. Manufacturing potential in Africa, the report says, faces challenges but has growth opportunities through government policies and the African Continental Free Trade Area (AfCFTA).

Source: Standard Digital August 03, 2023 18:22 UTC