BMI View: The ongoing power shortages, labour issues and sluggish implementation of the National
Development Plan continue to pose downside risks to our forecasts for the construction industry's growth
over 2015, which currently see 3.4% real growth. Business sentimen ..."
BMI View: Ethiopia's construction and infrastructure industry has been growing at a rapid pace over the
last few years, owing to the government's focus on heavy capital investment in the infrastructure
sector. While we expect this trend to continue, BMI forecasts grow ..."
BMI View: Kenya's construction and infrastructure sector is forecast to grow at 9% y-o-y in 2015 and will
maintain strong growth over our 10-year forecast, only starting to moderate towards end of our outlook.
Economic headwinds from currency devaluation and rising in ..."
BMI View: The outlook for Nigeria's construction sector over 2015 and 2016 remains downbeat on the
back of the fall in global oil prices; and lower government revenue, devaluation of the naira and associated
inflationary pressures will restrict public and private inve ..."
BMI View: Sudan and South Sudan face a multitude of issues, with ongoing conflict having drastically
eroded what little investor confidence there was in the markets and as such we forecast volatile and poor
growth for both countries over our ten-year forecast period t ..."
BMI View: Robust economic growth will continue to drive the construction industry over the coming
years, with the sector set to expand over 2015 by 7.3% y-o-y. While public investment in the sector will
also support growth, we expect the government to face increasing ..."
The Moroccan construction industry is expected to be supported by government investments in infrastructure and housing projects over the forecast period (2015-2019). The government aims to improve its transport and tourism infrastructure, whil ..."
The construction market in Morocco is steadily growing. The country has become an attractive destination for investment in the construction market, especially in the real estate and infrastructure construction sectors. The growth of the manufacturing industry in Morocco has al ..."
BMI View: Lower oil prices have seen a significant downgrade in Angola's construction sector real growth
forecasts. Lower government revenues, macroeconomic headwinds and less capital expenditure in the oil
sector will see opportunities reduce significantly in scope. ..."
BMI View: With no plans to reduce expenditure despite lower revenues, we expect the short-term outlook
for Cameroon's infrastructure sector to remain good. However, this is unsustainable and we expect growth
in the construction sector to moderate over our 10-year fore ..."