The real estate sector is a cornerstone of the global economy, influencing everything from local job markets to international investment trends. As we navigate through 2024, the industry continues to evolve rapidly, driven by technological advancements, shifting demographic patterns, and changing consumer preferences. Join us as we delve into this article written by Olivier Chekinah on medium.com where we can explore the major trends, hurdles, and possibilities within the real estate market.

Chekinah Olivier, founder and CEO of OLC Project Management, with Ray Kwan, Director of the International Business Division Singapore Business Federation

Chekinah Olivier, un nom synonyme de prêche évangélique, d’entrepreneuriat, de coaching et de mentorat, a tracé une voie qui incarne l’essence de la détermination, de la résilience et d’une passion profonde pour les affaires et le service aux autres.

A study conducted by a pan-African rating agency known as Bloomfield showed that the DRC has improved its business climate.

The fifth edition of the World Entrepreneurs Investment Forum got underway on Tuesday in Bahrain’s capital, Manama, with a key focus on Arab and African regions.

Telecom giant Vodacom is introducing innovative solutions to enhance mining operations in the Democratic Republic of Congo (DRC). 

The United Arab Emirates have signed a $1.9 billion deal with a state-owned mining company in the Democratic Republic of Congo, the Congolese president said on Monday.

The Democratic Republic of Congo's Inspectorate General of Finance (IGF) has revealed massive fraud in the public payroll department, where dozens of fictitious employees cost the state nearly $800 million a year.

The DRC is increasing the number of oil and gas exploration blocks it will put for auction. It is now selling 240,000 square kilometres of oil refinery, according to the Ministry of Hydrocarbons.

Recent macroeconomic and financial developments

Real GDP grew 8.5% in 2022, up from 6.2% in 2021, thanks to momentum in the extractive sector (which grew 20.8%) and recovery in the nonextractive sector (which grew 3.2%), driven by services despite a deteriorating security situation in the east of the country. Economic growth was driven on the demand side by robust exports (which grew 23.8%) and investment (which grew 18.6%), despite a global energy crisis. Inflation reached 9.1% in 2022 due to high food and imported energy prices.