Africa: Nigeria's Building Boom Lifts Lafarge Africa's Nine-Month Profit By 246 Percent: [Premium Times] A wave of real estate development in the cities and urban centres of Africa's most populous nation, where the government requires $6.25 billion in yearly investment to narrow a housing shortfall, is fuelling demand for building materials, particularly cement. http://newsfeed.facilit8.network/TNrT6d #Nigeria #RealEstate #BuildingBoom #LafargeAfrica #CementIndustry
The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news
Will data centers crash the economy?

This time let's think about a financial crisis before it happens.

Noahpinion

Following #AngelaRayner and #RachelReeves' announcements:-

"Building homes and infrastructure promises a quick return on investment.

Some of the infrastructure priorities are of questionable value.

Expanded house-building alone will greatly increase emissions and resource use while not creating the kind of communities we need.

There are alternative paths that the government could follow to meet social and ecological goals".

#Labour's #BuildingBoom
Our analysis.
https://steadystatemanchester.net/2024/07/18/build-build-build-for-growth-growth-growth/#analysis

Build Build Build for Growth Growth Growth?

Mark H Burton Steady State Manchester1 PDF version The new Labour government has prioritised economic growth and sees the building of homes and infrastructure as a key tool to realise it. Here we e…

Steady State Manchester
On #Labour and its proposed #BuildingBoom.
"The emphasis on building is the result of a combination of factors. The obvious ones are the need for improved infrastructure (although the type required is a field of contestation) and the housing crisis (although the extent to which building more houses is the answer, is also subject to debate)."
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