East Africa – An emerging haven for Property Investments
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East Africa is among the fastest growing regions in the world. The entire region has seen consistent GDP growth over the last decade, including in 2020 despite the Covid-19 pandemic. The region enjoys political stability, and diversified economic activity including the emergence of oil and gas as new investment pillar. MLC identified East Africa as the most attractive in Sub Saharan Africa, and a high priority for development. Heri Bomani is Executive Director and Chief Investment Officer at German investment company MLC Properties. In this Interview, he provides insights on the East African real estate market and some of its undiscovered opportunities.
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