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Ghana’s Economy Expands 4.9% In First Quarter Of 2020 – Statistical Service

Ghana’s economy expanded 4.9% year-on-year in the first quarter of 2020 compared to 6.7 percent in the same period last year.

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Nigeria: Propertymart Faults Lagos Governor’s Aide

Propertymart Real Estate Investment Limited has faulted a recent statement credited to the Special Adviser on Housing to Governor Babajide Sanwo-Olu, Mrs. Toke Benson-Awoyinka.

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Private sector driven economy will deliver value, strengthen democratic structures – LCCI

As Nigeria celebrates 21 years of uninterrupted democratic ruling, the Lagos Chamber of Commerce and Industry (LCCI) in its congratulatory message, reiterates the need for a thriving private sector driven economy that will strengthen the country’s democratic structures while delivering value to the economy.

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Uganda: Construction Technology That Will Save You Money and Time

The essence of technology and advancement is to make things safer and easier to do. Even with this promise of doing things faster and easier, the construction industry in Uganda seems reluctant to embrace new technologies. Construction engineer, Ronald Arinaitwe, confirms this observation by pointing out that engineering students are still being taught concrete and […]

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Nigeria’s May inflation accelerates to 12.40%, highest in 25 months

Nigeria’s Consumer Prices Index (CPI) commonly known as inflation accelerated by 12.40 percent in May 2020, marking the nine-consecutive uptrend since September 2019 and the highest in 25 months, a BusinessDay analysis shows.

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BREAKING: FG lists conditions for reopening schools, varsities

The Federal Government has given conditions for the reopening of schools and tertiary institutions in Nigeria. The Minister of State for Education, Chukwuemeka Nwajiuba, announced the conditions in Abuja on Tuesday.

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Akon Just Announced a $6 Billion Construction Plan for Akon City

Akon has announced that Akon City has officially awarded a $6 billion contract to KE International to build and execute his futuristic Senegelese metropolis. While the coronavirus pandemic continues to disrupt the global construction industry, Akon City is reportedly on track to have the first two phases of development completed by 2029, according to the press release.

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Housing deficit in Nigeria is an urban problem, says Minister

Nigeria’s Works and Housing Minister, Babatunde Fashola, has said that housing deficit in the country, which has remained a subject of contention and controversy, is simply an urban problem arising from people migrating from the rural and semi-urban areas to the cities.

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LASBCA Addresses Illegal Buildings in Lagos State

In curbing the practice of illegal building construction, the Lagos state government through the Special Enforcement Operation has seized over 56 illegal building and construction sites in Lekki and Banana Island.

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Global FDI projected to plunge 40% below $1 trillion in 2020

Global foreign direct investment (FDI) flows are projected to decrease by up to 40 per cent in 2020, from their 2019 value of $1.54 trillion, according to United Nations Conference on Trade and Development’s (UNCTAD’s) World Investment Report 2020.

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