Despite the global recession, Africa provides opportunities in the rapidly developing telecommunications, mineral extraction and energy sectors and its integration into global trade continues.
The ongoing emergence of the new middle class in key African countries also provides the private sector with growing opportunities. In response to the growing aspirations and increasing spending power of this section of the population, the presence of international retailers is on the rise and the shopping centre concept is spreading.
The requirements of international business occupiers are challenging to fulfil. Many countries suffer from a lack of the high quality office space demanded by international corporate occupiers and in some markets, especially those with economies driven by the oil and gas sectors, operating business space can be an expensive undertaking.