Construction output in Sub-Saharan Africa grew by an estimated 1.7% in 2022, compared to a growth of 3.2% registered in 2021. The industry is forecast to record growth of 3.2% in 2023, however, significant downside risks persist, most notably the...
The construction output growth forecast for Sub-Saharan Africa (SSA) has been revised to 2.3%, down from the previous projection of 3.3% (as of mid-April) and 6.0% in the pre-COVID-19 case (Q4 2019 update). The revision reflects the impact on the...
As a result of the severe economic shock caused by the lockdown measures imposed by governments around the world to contain the spread of COVID-19, global construction output is expected to contract by 1.4% in 2020. This is according to GlobalData,...
Leading data and analytics company GlobalData has revised its construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 to 3.6%, down from the previous projection of 6% (Q4 2019 update). The company’s latest report, ‘Global...
Environmentally-friendly packaging is becoming increasingly essential according to a leading data and analytics company. GlobalData says it expects demand for environmentally-friendly packaging to continue to increase in response to heightened...
