Research

East Africa macro economic overview 2020

The report highlights the economic development in Kenya, Ethiopia, Rwanda, Uganda and Tanzania

November 19, 2020

East Africa is the fastest growing economy in the real estate sector from an economic development perspective.

The region’s prominent services sector has stimulated significant demand for office space across key commercial hubs over the last decade. This is due to countries transitioning from primarily agricultural-based to services-based economies. The industrial sector remains comparatively underdeveloped and the agricultural sector’s average economic contribution has declined by 5.1%, down from 33.4% in the early 2000’s and 28.3% in 2018. In contrast, the services sector contributions have increased by 9.2% over the same period, averaging 53.8% since 2018.

Fill out this form to download report

There was an error submitting the form. Please try again. 

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.