
By Emma Harding
Nigeria, with an estimated GDP of $594.3 billion, helps to make Africa the current fastest growing economy in the world and, according to an African report by Knight Frank, Nigeria alone will quadruple in population to more than four billion people by 2100, resulting in almost 40% of the world’s population living in Africa.
With significant industry growth, in addition to population growth, the property investment sector in Africa is expected to boom. International property investors have already started developing eco-friendly buildings in the key cities in Africa, such as Abuja, Lagos and Accra, and the retail sector has seen a significant increase in activities.
In addition, as a result of the increase in the urban middle class, various infrastructure solutions are being implemented in order to facilitate their emerging needs.
These trends provide great opportunities within all industry sectors in Africa, and the property investment sector in particular has the opportunity to leverage activities for maximum yield.
Furthermore, there is a continued interest and need for property development organisations in Africa to implement sustainable infrastructure within new developments to limit the negative effects on the environment.
This is great progress for Africa and a great time for Africa to develop its infrastructures.





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