Johannesburg - Africa’s young population as well as continued urbanisation will drive the demand for real estate on the continent.
This is according to a report released in Johannesburg yesterday by consulting firm PwC, titled Real Estate: Building the Future of Africa.
“Africa represents 15% of the world’s population but only 3% of the global GDP [income],” said Ilse French, the real estate leader at PwC, on the growth potential of the continent.