October 2016: Update on Africa

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This issue of Global Perspectives provides an overview of the most significant and recent developments on the continent—facts that every global real estate professional should know, regardless of whether you plan to have direct involvement in African markets. 

In This Issue

Geographically, the broadest distinctions are between the North African and Sub-Saharan African (SSA) countries. 

Ghana enjoys an abundance of natural resources and an advanced banking system, plus a relatively diverse economy and stable government.

The Nigerian government is working with the private sector and The World Bank to improve mortgage access and funding to reduce the housing deficit.

South Africa's real estate market is mature, regulated, and transparent, but slow economic growth, poverty, unemployment and income inequality exist.

Kenya is generally considered one of the most promising markets in Africa.

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