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THE AFRICA REPORT
2024/25
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The Africa Report
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The Africa Report
Knight Frank in the Middle East and Africa
Explore Knight Frank's offices and coverage across the Middle East and Africa.
5 months ago
The Africa Report
Rents at a glance
Explore monthly rates at a glance across Africa.
5 months ago
Country Focus
Botswana
Botswana's real estate is experiencing high levels of demand across all asset classes, with rents and values also rising in tandem. Robust economic growth and political stability is underpinning the…
5 months ago
Country Focus
Cameroon
Centrally located retail offerings are thriving, while in the residential market, demand for high-end homes is underpinning capital value growth, particularly in the most affluent neighbourhoods.
5 months ago
Country Focus
Côte D'ivoire
Owner occupation is growing in popularity in Abidjan’s office market, mirroring the behaviour in the industrial sector. In the residential market, developers have a renewed focus on high-quality…
5 months ago
Country Focus
Kenya
Amid economic downturns, Kenya's real estate landscape remains resilient. The subdued supply of Grade A offices has resulted in office occupancy levels rising by 5% in the last 12 months. Meanwhile,…
5 months ago
Country Focus
Egypt
The currency devaluation of the Egyptian pound has fuelled real estate investment activity, especially in the commercial sector, with buyers rushing to preserve savings and capitalise on rental growth…
5 months ago
Country Focus
Malawi
The Malawian real estate sector is gradually regaining momentum after the pandemic, albeit with some significant economic obstacles. While the market navigates a number of challenges some sectors have…
5 months ago
Country Focus
Ghana
Ghana has taken longer to recover from the effects of the COVID-19 pandemic when compared to its regional peers. High inflation rates which peaked at 54% in December 2022 (and eased to 23% at the end…
5 months ago
Country Focus
Mauritius
Grounded in a stable democratic framework, Mauritius remains Africa's frontrunner in ease of doing business, now ranking 13th globally.
5 months ago
Country Focus
Morocco
In the Morocco Core Inflation Rate is projected to trend around 4.00 percent in 2025 and 4.30 percent in 2026, according to Trading Economics. This coupled with a relatively low level of inflation…
5 months ago
Country Focus
Mozambique
Maputo, emblematic of broader market trends, experienced a downturn in 2023 characterised by lower rents stemming from sustained low demand. Stagnation persists, awaiting the impact of the LNG…
5 months ago
Country Focus
Nigeria
The commercial and residential markets face a resilience test amid various macroeconomic risks. Inflationary pressures from the removal of petrol subsidies and the floating of the Naira have…
5 months ago
Country Focus
Senegal
The emerging CBD in Diamniadio is set to unlock pent up office demand in Senegal, while DP World’s planned US$ 1bn deep water port could be a ‘game-changer’ for the industrial sector.
5 months ago
Country Focus
South Africa
Prime offices in Cape Town have recorded an increase in occupancy of more than 10% in the last two years and currently stand at 85%, while the industrial sector remains a top performer in terms of…
5 months ago
Country Focus
Tanzania
The picture across Tanzania’s real estate landscape remains mixed, with the office market still hampered by an oversupply of stock, while in the residential market, expats are lifting demand and rents…
5 months ago
Country Focus
Tunisia
The Tunisian economy has encountered challenges in recent years, primarily stemming from the persistent impact of COVID-19 and a prevailing sentiment of investor uncertainty. According to estimates by…
5 months ago
Country Focus
Uganda
The prime residential and office markets in Uganda are experiencing rising demand, which is fuelling rental growth and occupancy levels. In the retail sector too, a similar trend is playing out.
5 months ago
Country Focus
Zambia
Zambia's real estate market is experiencing a surge in demand for commercial property due to the country's growing economy and investment-friendly policies.
5 months ago
Country Focus
Zimbabwe
The CBD office market grapples with significant vacancies as tenants opt for suburban offices. Conversely, the industrial market faces hurdles due to ongoing power supply issues, which drive up…
5 months ago
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