Most of the growth has been driven by a strong showing in investments in sub-Saharan Africa, where planned hotel rooms are up 42.1% on 2015
Africa will be building for decades, and other major players like Pretoria Portland Cement have joined the race and are expanding.
Nigeria’s mortgage company plans $2.2 billion bonds in 5 years, but high construction costs spoil the party
Nigeria, Africa's most populous nation, has a deficit of 17 million houses, and needs to build 780,000 housing units every year to meet rising demand
Africa's 'infrastructure apartheid' is deep; Lusaka, Luanda and Accra painful for construction firms
Cement companies report healthy profits and robust expansion plans, but half of Africa's fixed infrastructure stock is held by just four countries.