African Design Magazine February 2017 | Page 2

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Editor ’ s view

The outlook for Africa in 2017

Towards the end of last year , the International Monetary Fund cut its 2017 economic growth forecasts for Africa ’ s two largest economies – South Africa and Nigeria – due to low commodity prices , policy uncertainty and weak investor confidence , while recent GDP data shows that key economies in Sub-Saharan Africa decelerated markedly in Q3 of 2016 .
Yet there is good news . According to recent research conducted by Deloitte , many investors have been keenly putting their capital into the African market ; “ Both private and public companies are under pressure to identify key construction areas to invest in Africa ,” the report says .
And when noted American business magnate , entrepreneur , Gregg Cocking investor , author and philanthropist , Bill Gates , is positive about the region ( read the 5 reasons why he is optimistic about Africa HERE ), then who are we to argue ?
From a design perspectives , architects are being forced to innovate , to be flexible and to work harder and smarter than ever before , which is resulting in beautiful buildings which themselves are innovative , flexible and smarter . We showcase 10 of them in this issue – enjoy the read and feel free to share the issue with colleagues and friends . # AfricanDesign AD

CREDITS

Published by African Design Magazine ( Pty ) Ltd , PO Box 9802 , Edenglen , Johannesburg , South Africa , 1613
Editorial Gregg Cocking T : + 2782-870-6390 E : gregg @ africandesignmagazine . com
Advertising Lesley Shapiro T : + 2782-508-7338 E : lesley @ africandesignmagazine . com
Cover photograph :
Stats SA , South Africa

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