Egypt is the latest country to build a new capital city from scratch, with ambitions to move parliament away from Cairo as early as summer 2019. With nearly 24m people living in Greater Metropolitan Cairo, the current Egyptian capital suffers from severe congestion and overcrowding – problems which the government claims the new capital will resolve.

Throughout the course of human history, the biggest cities have always seemed impossibly large.

For many millennia, it was almost unfathomable for a city to sustain more than 1 million residents. In fact, it wasn’t until the 19th century that the largest cities globally, such as London and Beijing, were able to consistently hold populations beyond that impressive mark.

Construction will start November 1 and the tower is expected be delivered on May 30, 2022, the Moroccan BMCE Bank of Africa announced. The Bank of Africa Tower will have 55 floors with a luxury hotel, offices, and apartments. An observatory will crown the tower. The O Tower company has started developing the 250-meter tower which could be titled the tallest building in Morocco and in Africa” – Morocco World News

The CityPlan once again goes to sub-Saharan Africa. After Luanda, capital of Angola, we now look at Dar es Salaam. Although now the former capital of Tanzania - the government is in the process of moving to the new capital, Dodoma - Dar es Salaam is nonetheless the economic engine of the country, the focus of industrial production and infrastructure as well as home to its university and tertiary sector. Like many cities in this part of the world, Dar es Salaam is in the throes of tumultuous growth, its population

Global construction volume is on the up and the future is looking bright. But the industry faces more work with fewer workers. The challenge for the supply chain is how to convert this increased output into profit. 

The Kizela building by Costalopes occupies two plots of Parcel 3, a new prime neighbourhood in Luanda, Angola, which is presently under construction over a landfill in Luanda Island, on its bay side

Heri Bomani: Provision of Mortgages Low

JOHANNESBURG, 25 May 2015 – JLL has today announced it has formed an association with Pangani Real Estate Services Limited to provide commercial property services across the high-growth Tanzanian market.

The two firms will collaborate and provide services to the growing number of multinational corporates expanding into, or already operating in, the Tanzanian market. JLL’s global experience combined with Pangani’s local knowledge and presence culminates in a compelling client service proposition, which will enable JLL to reinforce its commitment to, and growing activity across, Africa.

The Tanzanian government investment into infrastructure development in and around Dar es Salaam is aimed at promoting economic expansion. 40% of the government’s 2017/2018 budget has been allocated to key infrastructure projects. The country’s economic growth and stability will attract foreign investment.

Following a peak in the economic and hotel demand cycle in 2014, supply growth in East Africa has been at an unprecedented high level during the past three years. Demand fundamentals have been strong in a region which has experienced the highest level of economic growth in Africa in recent years. Yet supply growth, with the entrance of many global hotel operators, has outpaced demand in many markets. However, the hotel development pipeline has now reduced which will allow hotel performance to recover. Hotel investment in