
THE REAL ESTATE TRAINING MARKET BETWEEN REALITY AND UTOPIA
The Real Estate Training Market in Africa: A Necessity to Unleash the Sector’s Potential. The real estate sector in Africa, rich in opportunities, suffers from a major gap in the training of professionals.
The African demographic boom creates a strong demand for real estate skills. African countries must seize this opportunity to enhance the training of professionals and students in this rapidly growing sector.
According to Albert Menelik Tjamag, a real estate designer-promoter and COO of Global Atom in Cameroon, by 2050, 25% of the world’s population will live in Africa, making real estate a vital driver of growth to meet the increasing demand for housing. However, current regulations are rarely enforced, compromising the quality of real estate services and hindering the preparation of young learners. Strengthening regulations and modernizing training programs is essential to harness the sector’s potential.
The Challenges of Real Estate Training in Africa: 1- Job Creation: The real estate sector offers a unique opportunity to combat youth unemployment in Africa.
2- Economic Development: The real estate sector can become an economic growth engine for Africa by creating essential infrastructure and stimulating national wealth.
3- Service Improvement: Strengthening regulations and improving training ensures higher-quality services for investors and individuals.
4- Investment Attractiveness: A well-trained workforce and quality real estate services are essential for attracting domestic and foreign investments.
The Benefits of Better Real Estate Training in Africa:
Investing in better real estate training in Africa offers many advantages:
1- Job Creation: A well-trained workforce stimulates employment for young graduates.
2- Increased Productivity: Well-trained real estate professionals contribute to the sector’s growth.
3- Quality Services: Clients benefit from higher-quality real estate services, thereby enhancing trust in the sector.
4- Investment Attractiveness: A well-trained workforce and quality services attract both domestic and foreign investments.
In conclusion, the real estate sector in Africa has immense potential but is hindered by a critical lack of training. Faced with the growing demand for real estate skills, it is imperative for African countries to strengthen regulations and modernize training programs to unlock the full potential of this sector. This will not only promote job creation, economic growth, and service improvement but also attract essential investments for Africa’s future.