It is common knowledge that many countries in Africa are beset with crippling poverty, disease and corruption. The western media, as they should, reports this Africa night and day.
Whether reporting on Nigeria, Angola, Republic of Congo, Uganda, Ghana or South African the storyline remains the same - poor dysfuntional Africa. As one that never accepts the prevailing narrative of the western press on face value, I probed further and discovered, via alternative medias, that there is more to the African experience than is reported by western media. Read on and decide for yourself.
Among the world's 12 fastest growing economies five of them are African countries. As a matter of fact, Ghana is projected to be the world's fastest growing economy by 2012. See link...Africa
China will overtake the US to become the world's largest construction market in 2018, a new report has predicted. The report launched today forecasts global construction trends over the next 10 years. Its key predictions include Nigeria becoming the world's fastest growing construction market by 2020, followed by India and then Poland. China will be the largest market by 2020, the research found, with the US being the second largest, followed by India.
The Global Construction 2020 report found that Nigeria's construction spending will grow by at least 9% every year over the next decade, driven by rapid urbanisation. China's construction market will be worth almost £2.5 trillion in 2020 and will represent an immense 19% of global construction output.
A spokesman for Oxford Economics, which produced the report, said: "Overall the report shows that over the next 10 years the busiest markets will be in emerging economies and the emphasis will be on infrastructure."New world orders: Construction's latest global hotspots
13 November 2009
Now what do you think?