Market News

  • Africa wood coating industry is on the rise due to the increase in the residential property market

    Posted on :Wednesday , 29th May 2019

    After the successful implementation of many housing projects, investors are curious about the upcoming demand trends on wood coating market. A recent report by two consultancy firms clearly indicates how the growth of the residential property is booming the demand for wood protection products in Africa. Increase in urban population is creating huge demand for wood protection products such as pa. . .

  • KOMAZA KENYA INVESTS INTO ENVIRONMENTALLY-SUSTAINABLE WOOD SUPPLY

    Posted on :Wednesday , 24th April 2019

    Driven by booming construction and furniture markets Africas industrial wood demand expected grow over the next two decades 

    Africa’s 2030 industrial wood demand will be met by imports, given the dwindling natural forest resources and constrained plantation forestry . Local production is increasing, but not nearly fast enough hence the region is growing into a $ 50 billion an. . .

  • Housing Construction Boom to Drive Kenyan Wood Coatings Market

    Posted on :Monday , 22nd April 2019

    As Kenya revives the stalled plans for the construction of two million additional housing units there is growing optimism in the future across the country's urban areas with the first 500,000 housing units expected by 2022. In addition to the increasing expansion the units are a part for the country's education sector to accommodate the increasing student population, this coul. . .

  • East African wood industry booming as an attractive investment destination

    Posted on :Thursday , 7th February 2019

    According to a new study by South Africa’s Rand Merchant Bank (RMB) Kenya, Rwanda and Tanzania will be among Africa’s most attractive investment destinations in 2019. The RMB Investment Attractiveness index scrutinizes countries’ economic and operating environments to assess their potential to attract investment.

    Their report, 'Where to Invest in Africa 2019', is a key. . .

  • Timber industry in South Africa plans for a positive future

    Posted on :Monday , 11th February 2019

    Government experts are mulling over all possible options to ensure revival and strengthening of the sector. The years to come will see increased efficiency and productivity.

     The medium-term outlook for the timber industry is under pressure while the short-term outlook for South Africa’s timber industry looks promising, with positive supply and demand figures. As the total ar. . .

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