Outlying Cities vs. Capital Cities in Africa

In Africa, many of the key drivers such as oil, gas and agriculture are located away from major metropolitan areas. Hence there is a trend of urbanisation not only from these areas to capital cities, but also into smaller towns; providing developers and investors with further opportunities.

In recognition of the importance of these localities, i.e. Kenya is implementing political, administrative and fiscal decentralization of the central government, further boosting the regional towns and economy. This is a trend seen across the African continent.

At the Africa Property Investment Summit 2015 held in Johannesburg, South Africa last week, a high level panel discussion titled "Outlying Cities vs. Capital Cities" — took a look at the benefits and opportunities of developing outside the secondary towns/ cities in Africa and whether they give rise to lucrative yields or increased risk?