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Published stories attached to the Investment category.
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Raffles Family Office has signed an agreement with the Rwanda Development Board to mobilise hundreds of millions of dollars in private investment, with real estate among the target sectors.
More than 70 Kenyan diaspora purchasers say they have committed about KSh260 million to a Ruaka apartment development since 2019 and are asking government to intervene after construction stalled.
Stronger rental demand and lagging Gauteng house-price growth are pushing more Johannesburg owners to let their homes instead of selling when they move to Cape Town, though agents warn net returns are thinner than headline rents suggest.
An agreement signed at the PLPEX trade fair in Macau brings together two Chinese firms and a Mozambican partner to deliver 12,000 prefabricated housing units in Maputo.
Abbey Bank, formerly Abbey Mortgage Bank, says its non-performing loan ratio has fallen from about 80% to zero as it moves into regional commercial banking with a digital-first model.
Q Developments is targeting about $441 million of investment across a 260-feddan land bank, led by the EGP 7 billion Q Hills project in New Zayed and the EGP 9 billion Q Bay scheme in New Alamein.
CRDB Bank has signed $111 million in financing agreements, including $36 million from Shelter Afrique Development Bank for housing and construction lending and $75 million from FMO for SMEs.
Kenya is using its affordable housing programme to draw foreign manufacturers of building materials into local production, KNCCI President Erick Rutto said as the ninth Big 5 Construct Kenya exhibition opened in Nairobi.
Shelter Afrique Development Bank and Vista Group Holding have signed a memorandum of understanding to channel long-term capital into affordable housing across West Africa.