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Market news

Published stories attached to the Market news category.

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News

Court of Appeal dismisses US$1.24m fee claim over Bank of Ghana headquarters land

Ghana's Court of Appeal has dismissed a claim of more than US$1.2 million in commission by law firm KAA Law against the Bank of Ghana over the land on which the central bank's new headquarters was built.

Article

Nigeria's property developers squeezed as bank lending tops N814bn at high interest rates

Bank credit to Nigeria's real estate sector rose to N814.996 billion in the first quarter of 2026, but lending rates of 23 to 38 per cent are putting developers under severe repayment pressure.

News

Royal Mabati and Vintage Mabati clash in Kenyan court over roofing trademarks

Royal Mabati Factory has sued Vintage Mabati Mills and four former consultants in the High Court in Nairobi, alleging its registered trademarks and designs were copied to build a rival roofing business.

Article

Mixta Nigeria leads ranking of country's property developers by completed units

A new ranking of Nigeria's top 10 property developers puts Mixta Nigeria first with 23,000 completed residential and retail units across nine projects.

Article

Nigeria's real estate sector struggles as material prices surge by 400% in seven years

A Panterra Real Estate Group report shows building material prices in Nigeria rose by as much as 440% between 2019 and 2026, with cement, iron rods and roofing sheets leading the surge and putting affordable housing further out of reach.

News

Nigeria to lead Africa in real estate growth through 2029 —Report

An industry report projects Nigeria’s real estate market will grow at a compound annual rate of 6.9% between 2025 and 2029, outpacing Kenya, Rwanda, Ghana and South Africa, thanks to rapid urbanisation and a persistent housing shortage.

News

Nigeria's $13bn Lagos-Calabar Highway triggers speculative real estate boom

The ongoing $13 billion Lagos-Calabar Coastal Highway is reshaping property values along southern Nigeria’s corridor, with land values rising by as much as 133% in two years and investors turning to emerging coastal districts in Ondo, Edo and Delta.

News

Aqar Exit lists units worth EGP 72.2bn in first index of Egypt's off-plan assignment market

Egypt's Aqar Exit platform recorded 9,839 assignment files and units worth an estimated EGP 72.2 billion in its first 28 days, with lower-priced properties drawing the strongest buyer demand.

News

Wealthy foreign buyers turn to Barrydale as Western Cape lifestyle town gains appeal

International buyers account for about 15% of property sales in Barrydale, spending between R2.5 million and R5 million on homes in the Western Cape town, as demand grows for lifestyle properties beyond South Africa's major cities.