The urgent need for a critical assessment of Africa's housing market dynamics, challenges, and opportunities is highlighted in the analysis presented in this book. As several African countries undergo structural transformations and economic changes, the housing sector plays a pivotal role in inclusive growth and poverty reduction. This chapter delves into the roots of Africa's housing crisis, driven by...
It is scheduled by the Malawi Government to construct 40 secondary schools in April. The announcement was made by William Susuwere Banda, who is currently the Education minister in the region. Banda informed the public that it was a project by USAID( United States Agency for International Development). The Government has located around 40 constructional sites within the country, the minister...
The Minister of Lands, Kenzie Msukwa, declared that they have planned out to construct a scheme of 100 houses for the police of Karonga district at the location of Karonga. Karonga is a site where the government has decided to construct police houses. Kenzie Msukwa further claimed that the housing scheme's design is prepared, and they are soon to declare the contractor. The Minister informed that the...
The Ministry of Lands, Housing and Urban Development has successfully managed to construct a total 6.2km length in Lilongwe city of Malawi. It is reported that the project is worth the US $3.8m. Sector 13, 16, and 19 of Lilongwe city will soon access the newly constructed roadway. The newly appointed Minister of Lands, Kamlepo Kalua, showed satisfaction with the standards being followed and its...
Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably go with a strong development...
In Malawi, the Japanese firm Mitsubishi obtained the building of a power plant in Tedzani. The structure, which will be able to produce 19,5 MW, will be settled in Thyolo and managed by the Electricity Generation Compagny Limitied (EGENCO). The construction work is expected to last 39 months. When the project was launched, Aggrey Masi, the minister of Natural Resources in Malawi, spoke in favour of...
The idea came from Mr. Allan Ngumuya, a member of parliament for Blantyre City South. Mr. Allan thought that the Malawian past prominent people, who positively changed the country’s look, were not given the right attention they deserve. The Member of Parliament said that the Hall of Fame should be used in documenting and housing the historical facts about those who achieved greatness in...
This construction, starting on November 22, is the result of the 2015 Malawi Investment Forum (MIF) which government hosted. A ceremony presided by President Peter Mutharika will take place at the site location in Area 46. In this park you will find a shopping mall, high class office buildings, villas with supporting facilities such as a five star hotel and a conference center. The core objective...
The Malawi government will commence the construction of one of its major international airports in January 2018 as announced by Arthur Peter Mutharika, the president. The head of state announced to the citizens at Katoto Roundabout; while on official duty in the region. Malawian government wants to boost its economic development, and one way through which this can be achieved quickly is through growth...
Most of the capital cities in Africa act as a business hub. A major business milestone is to be realized soon in the capital city of Malawi. A business park worth K75 billion is to be set up at Lilongwe which will automatically give the city a better physical appearance. The Lilongwe Business Park is a brainchild of the first ever Malawi Investment Forum (MFI) which was hosted by Malawi government in...
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