Category
Published stories attached to the Development category.
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Springpet Homes Limited has changed its corporate identity to Springpet Development Limited, reflecting an expansion from residential housing into broader real estate and infrastructure development.
Construction is nearing completion on the first phase of the R2.1 billion Cornubia development in northern Durban, which includes a Leroy Merlin retail project and future commercial facilities.
The federal government has handed over 129 housing units to beneficiaries of the FMBN Rent-to-Own programme in Nasarawa State and promised to deliver the remaining 122 units before the end of 2026.
Nigerian real estate developer Efficacy Development PLC has signed a N50 billion commercial paper agreement with Pathway Advisors Limited to complete ongoing projects and expand its housing portfolio.
Kenya's affordable housing programme has more than 274,000 homes under construction, yet completed units in 2025 stood at just over 7,000, far below President Ruto's original target of 250,000 homes a year.
A new Egyptian-Saudi real estate venture, Prax Developments, has announced its entry into the Egyptian market with a first residential or mixed-use project planned for New Obour.
Egyptian property developer SODIC has signed a EGP 7.5 billion facility with Commercial International Bank to finance the development and construction of its June project on the North Coast.
Ghana-based real estate firm Devtraco Plus Nigeria Limited has called on Nigerian investors and developers to look beyond local borders, citing Ghana and Accra as compelling markets for cross-border property investment.
More than 400 construction artisans received National Construction Authority certification at BioTank Africa's Fundi Forum in Kitengela, launching a county-by-county upskilling drive.