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Published stories attached to the Market news category.
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With Uganda's housing deficit estimated at 2.4 million units and mortgage lending stuck below 1% of GDP, a housing finance practitioner argues that incremental, stage-by-stage building is the country's real housing delivery model.
A five-city seminar will address the rising arrest, detention and prosecution of Nigerian real estate agents over property transactions, its organiser Dr Prince Joel has said.
Senegal's construction industry turnover dropped 22.1% year on year in the second quarter of 2026, with specialised construction activities down 38.7% and civil engineering down 29.0%, according to the national statistics agency ANSD.
Kenya's fast-growing satellite towns are straining under housing development that has outpaced roads, drainage and water services, built-environment professionals warned at the Architectural Association of Kenya's 2026 convention in Diani.
Co-operative Bank of Kenya and Fanaka Real Estate have signed a partnership in which the developer will provide land and the lender will finance buyers seeking to acquire and develop property, including homes and commercial developments.
Average asking prices for houses on Lagos' Banana Island have reached about N4.5 billion, while six-bedroom homes in Ikoyi rent for around N100 million a year, according to a review of current Nigerian property listings.
The Nairobi County Assembly's planning committee has opened investigations into stalled urban renewal schemes, including the Pangani-Ngara "Jevanjee" project, amid concerns that buyers are servicing loans for homes they have not received and that county land titles were used as loan collateral.
Rising land, material and financing costs are pushing Nigerian property prices and rents beyond the reach of most households, with developers and valuers warning the affordability gap cannot be closed without lowering the cost of producing housing.
Tenant arrears in South Africa rose to 16.9% in the second quarter of 2026 as average residential rent hit a record R9,715, while recent High Court judgments show non-payment can end in eviction only after landlords follow the required legal process.