Ever got fascinated by a rich man passing by? His expensive suit, charming wrist watch, expensive mobile phone, utter royal grace.
Have you ever wondered what kind of house do they live in? If asked to imagine the living places of these ultra-rich people, one is likely to imagine London, New York, Los Angeles, Zurich. There isn’t any possibility of you thinking about sub-Saharan Africa. How can rich people live in sub-Saharan Africa? This is indeed a mind-boggling question. The answer to this lies in the results achieved after a stark research work done. According to a report published by estate agents Knight Frank, the results are startling. A four-bedroom house in Luanda, the capital city of Angola, also known as the ‘heart of Angola’, will free you back from up to $20,000 per month. And at $150/month per square metre, the Angolan capital also has one of the world’s highest premium office rental rates in the world.
This report undeniably is sufficient enough to suggest that sub-Saharan Africa has some of the hottest property markets in the world, which consists of some of the most beautiful and premium properties. Let us take the choice of the Global Property Guide for instance, the Global Property Guide ranks Nairobi, the capital city of Kenya as the top city in sub-Saharan Africa to invest in, citing good rental yields and a landlord-friendly legal framework as the most attractive and key selling points.
This story of ultimate glory doesn’t ends here, well, according to the South Africa based First National Bank, Namibia got ranked in fourth place globally in 2012 in terms of the biggest housing price increase after Hong Kong, Dubai and Brazil. Meanwhile, the strategic hubs such as Nairobi, Lagos, Johannesburg, Cape Town and Dakar – continue to be some of the most sought and popular locations.
Diese Geschichte stammt aus der July 2017-Ausgabe von The Times Of Africa.
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Diese Geschichte stammt aus der July 2017-Ausgabe von The Times Of Africa.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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Furniture - A Growth Oriented Industry
Africa constitutes 16.36% of the total world population and contributes 3% to the world Gross Domestic Product (GDP). Africa is a huge pool of population, which is projected to expand and grow rapidly. By 2050, 2.4 billion more people are expected on the planet out of which 1.3 billion are expected to be born in Africa. The majority of the world’s population growth is expected to take place in Africa. It is said that where there is population, there are enormous opportunities. Business opportunities is one the aspect of this broad spectrum of opportunities.
The Stunning Rise of Vernon Philander
“There is only one thing that makes a dream impossible to achieve: the fear of failure.”
An Amalgamation
The Conclave has become a prestigious event for Indian and African governments and industry to meet and explore new avenues of partnerships. The annual gathering enables the Indian and African leadership to take stock of the progress of the partnership and address future needs in this regard.
Ethiopia
A Landlocked Spectacle.
Student Housing, A Virgin Market
Ever got fascinated by a rich man passing by? His expensive suit, charming wrist watch, expensive mobile phone, utter royal grace.
The End Marks A New Beginning...
“what africa does with agriculture is not only important for africa: it will shape the future of food in the world.” – akinwumi adesina, President of the african development Bank.
A Pristine Paradise
It is a place immortalised by various animated Disney movies – clean blue water oozing freshness, calm cool breeze soothing your soul, natural sceneries with colours in their purest form, and lemurs, with their wide, reflective and even eerie eyes. An abode on the wish list of every globetrotters’ itinerary – it is unlike a place you have ever been. It is Madagascar!
Leading The Industry With Innovation
Interview with Mr. Abbad Reda, Chief Information Officer of MTN Ghana
Make Way For Germany
Africa has traditionally been a market where the Chinese and the Indians have flourished. While India’s trade with Africa increased from $25 billion in 2006 to about $70 billion in 2016, China continues to remain Africa’s biggest trading partner.
Egypt , a Dream in the Desert
The Arab republic of Egypt, a democratic republic, commonly known as Egypt's is a silent beauty. This nation is one of its kind. Its beauty lies in its culture and heritage. Egypt may not have many natural attractions but man has surely made its mark by building one of the most unique structures that is; the pyramids.It is mostly comprised of desert area. Trees, forests,and tropical areas are rare here. It can get as unique as possible; it is situated on the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Hence it is called a transcontinental country.
