Gaborone retail market most saturated in Africa

Thursday, March 24, 2016

Gaborone has the most concentrated retail market in Africa leaving less room for further growth and limited opportunities for development of new malls, an authoritative property market report shows.

According to Knight Frank’s Shop Africa 2016 Report, Gaborone has 247,000 square metres of completed shopping centre space, significantly higher than megacities such as Lagos and Kinshasa.

Because of the relatively small size of the city, Gaborone has over 1,067 completed square metres of shopping space per every 1,000 people, a number that is 10 times bigger than cities such as Nairobi, Harare and Kampala.

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Gaborone retail market most saturated in Africa

Gaborone has the most concentrated retail market in Africa leaving less room for further growth and limited opportunities for development of new malls, an authoritative property market report shows.