Mogadishu Records Rise in Construction

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Mogadishu is experiencing a sharp increase in construction activity, with local officials reporting more than 6,000 new buildings completed in five years. Developers cite rising investor confidence, supported by improved urban security measures and expanding access to finance. Banks and diaspora capital continue to play a major role in funding real-estate projects, while demand for commercial and residential space grows. Analysts note increasing investment in real estate, fintech, trade and infrastructure across the capital’s expanding market.