• Real Estate

    OBG’s real estate market analysis includes detailed information about supply and demand in the residential, commercial and retail segments. We cover major development projects by local and international investors and examine changes in the regulatory framework and bank lending practices.
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Although construction of a wide range of commercial units and high-value projects have been completed since 2011, there is a housing shortage of 400, 000-600,000 units across the country, with around 200,000 of these in Abidjan alone. As the population and urbanisation rates grow, demand for housing is rising by an estimated 40,000-50,000...

 

In what ways can sustainable urbanisation be ensured in a city as densely populated as Abidjan?

Chapter | Construction & Real Estate from The Report: Cote d'Ivoire 2020

The construction of numerous large infrastructure projects has contributed considerably to economic expansion since 2012. The sector’s dynamism has attracted international companies, particularly Chinese firms, which have completed several projects in transport, logistics and energy. With major infrastructure projects nearing completion and others under way, the construction and public works...

Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience. 

In emerging markets, limited ICT infrastructure can compound the challenges of remote working amid coronavirus-related social distancing and lockdown measures. Nevertheless, broadly successful outcomes may lead businesses to consider expanding or formalising work from home arrangements once the effects of the pandemic have subsided.

 

Saudi Arabia is in the midst of developing a number of large-scale, complex and multi-purpose construction projects that aim to transform the wider economy. The Kingdom’s main giga-projects are NEOM, the Red Sea Project and Qiddiya. Rolled out as part of Vision 2030, these developments are globally unique in scope and ambition, and aim to...

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