BMI View: We forecast Morocco's construction sector will grow at 4.8% y-o-y in 2016 and average 3.5%
over our 10-year forecast. This modest growth will be driven by expansion in the transport, energy and
residential sectors. The government's pro-investment policies wi ..."
BMI View: Falling global oil prices have had a huge impact of government revenues in Algeria, in turn
resulting in delays to major public infrastructure projects and a downturn in private investor interest in the
leading oil and gas sector. The country's large infrast ..."
BMI View: Over our 10-year-forecast period Ghana's construction industry will average annual growth of
6.1% in real terms, driven by investment in energy and transport infrastructure. Minimal growth will be
recorded in 2016 but figures will rise throughout our forecas ..."
BMI View: Strong government support for PPPs and a growing infrastructure project pipeline reinforce
our positive outlook for Egypt's construction industry in 2016. The recent deterioration in the security
situation will have a direct impact on investment in the touri ..."
BMI View: Gabon's construction sector is forecasted to grow at 5.6% y-o-y in 2016 and average 5.2% over
our 10-year forecast. The main driver of growth will be investment in the oil and gas industry, though
depressed commodity prices will limit government revenues. Fo ..."
BMI View: Angola's construction industry will average annual growth of 5.1% in real terms over our 10-
year-forecast period, driven primarily by investment in the country's residential and non-residential sector,
as well as into power generation and freight infrastruc ..."
BMI View: Over our 10-year-forecast period Cameroon's construction industry will average annual
growth of 8.1% in real terms, driven primarily by foreign investment flows into developing the country's
logistics capacity, supported by French and Chinese firms. Growth w ..."
BMI View: Namibia's construction industry will average annual growth of 6.1% in real terms over our 10-
year-forecast period, driven primarily by investment into improving the country's logistics capacity and
investment into renewable energy sources to improve the ail ..."
BMI View: Our outlook for Nigeria's construction and infrastructure sectors has dimmed further over 2015
and we have lowered our real growth forecasts for 2016 as a result. The reform momentum in the sector
has waned following President Buhari's slow appointment of a ..."
BMI View: We have downgraded our construction industry real growth forecasts for 2016, which is now
2.8% y-o-y. Business sentiment will continue to remain low, seeing a poor outlook for the non-residential
building sector, which has previously been a bright-spot. Rail ..."