Overseas property news - Investment on the up in africa

Investment on the up in africa

International investment is on the up in Africa, as the continent's booming population opens up lucrative real estate opportunities.

A new report from Knight Frank highlights just how quickly Africa's  population is growing: it has more than doubled since 1980 to over 1 billion and forecast to do the same again by 2050.

As a result, many cities are undersupplied for high quality real estate, which opens the market to huge opportunities for new developments. The prospect for growth and profit is also attracting investors from overseas, with shopping centre growth alone rocketing in cities such as Nairobi, Lagos and Accra.

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