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The Africa Issue

The Africa Issue by Akin Olawore
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African property market has tremendous growth capacity and continues to woo investors. The current housing deficit in sub Saharan African is about 40m with Nigeria alone accounting for about 16m, according to World Bank Statistic. This calls for about $1.4trn at an average of $35,000 per unit for affordable housing.Given the huge deficit, it is imperative that the existing stock is properly and efficiently managed to provide opportunities to the stakeholders and entire economy as both physical and financial assets. The maintenance of the physical assets also pose some challenges and the more sophisticated the design and construction material, the greater the challenges especially in terms of technology.
Emerald Publishing Limited; Read online
Title: The Africa Issue
Author: Akin Olawore
 

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