Market News

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 . . .

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 . . .

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 . . .

 The move from free-standing homes can be linked to high property prices – which shows that South Africans living in the country’s most populated provinces can expect to pay well over a 1 million rand for a home.  As owners opt for townhouses and flats over free-standing prope . . .

 To ensure that only legally sawn wood is used in the country the Center for International Forestry Research has started a campaign Cameroon is well known for being an international timber exporter, and as Africa's largest exporter of tropical wood to the European Union. However recently domes . . .