18 Sep 2015 - Ethiopia (Addis Ababa)
I am in Addis Ababa in Ethiopia where the New Year celebrations have recently taken place, and on their calendar system it is 2008. I travelled several hundred kilometres today, reviewing the industrial zones around Addis, including going out on the Expressway to the Dry Port at Modjo.
As I drove out to Modjo I could see trains on the new Addis-Djibouti rail line. I believe that it is not yet formally open, but these are tests which are taking place. It is the key component of Ethiopia's ambitious infrastructure improvement programme and is a major positive for the manufacturing and import-export markets. However, there are concerns that as operating effectively a monopoly and with freight costs not yet announced, that the advantage could be watered down.
19 Jun 2015 - Ethiopia (Addis Ababa)
I am in Addis Ababa in Ethiopia. The temperature is more like the UK, so it is a relief after the heat of Djibouti.
There continues to be a lot of property development here, particularly hotels which is a sector that attracts duty concessions, making construction costs around 35-40% lower.
29 May 2015 - Senegal (Dakar)
This week I have been in Dakar looking at the industrial market.
I initially concentrated on the Port area and particularly around Route de Rufisque. There is currently very low availability and rents are generally up to around CFA 4,000 although some landlords are quoting much more.
13 May 2015 - Knight Frank: Africa Report 2015
We are again very pleased to assist Knight Frank on their Africa Report 2015 in countries in which they have no local base and it was very good of them to have credited us. (EMC-RE are the sole credited contributor on this report.)
To see the report go to: http://www.knightfrank.co.uk/research/africa-report-2015-2802.aspx
Countries covered are: Algeria, Angola, Botswana, Cameroon, Chad, Cote d'Ivoire, DRC, Egypt, Equatorial Guinea, Ethiopia, Gabon, Ghana, Kenya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Nigeria, Rwanda, Senegal, South Africa, South Sudan, Tanzania, Tunisia, Uganda, Zambia and Zimbabwe.