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Market news

Published stories attached to the Market news category.

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Page 4 of 21

Article

Why women are becoming Kenya's new land buyers

More young Kenyan women are buying land to build financial security and control their own assets, reshaping the profile of the country's property buyers and opening a new market for developers and lenders.

News

Old Mutual Kenya in talks with buyers for its tower as it exits property holdings

Old Mutual Holdings is in discussions with potential buyers for its office tower and is reviewing offers on other properties as it pushes ahead with plans to dispose of its real estate holdings, its group CEO has said.

News

GodMade Homes plans Benin City conference on wealth preservation through real estate

GodMade Homes Limited will host its Real Estate Conference 2026 in Benin City from September 24 to 26, focused on preserving wealth across generations.

News

Afriland Properties appoints former NNPC Properties MD Ayobami-Ojo to board

Afriland Properties Plc has named Iyabode Olayemi Ayobami-Ojo, former Managing Director of NNPC Properties Limited, as an Independent Non-Executive Director.

News

Court nullifies 2014 takeover of Lagos property firm, orders CAC to expunge records

A Federal High Court in Lagos has nullified an alleged 2014 attempt to take control of a 30-year-old property company through disputed corporate filings.

News

MREIF disburses over N140bn in mortgages to 2,000 Nigerians across 27 states

The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage loans to over 2,000 Nigerians across 27 states since its mortgage operations began in April 2025, according to ARM Investment Managers.

Article

Ivory Coast home-hunters' struggle highlights Africa's deepening housing crunch

As Abidjan's population tops six million, a UN-Habitat report says Sub-Saharan Africa has the world's highest rate of rental unaffordability, with households spending over 30% of income on rent.

News

Kenyan court clarifies what land buyers can recover after fraudulent deals collapse

A ruling by Kenya's Environment and Land Court in Kisumu shows land buyers can recover money paid and expenses directly linked to a failed transaction — but only where the costs are proven and tied to the deal.

News

TDC Development Company more than triples net profit to GH¢195.6m in 2025

Tema-based state housing developer TDC Development Company grew net profit to GH¢195.61 million in 2025, up from GH¢59.99 million in 2024, helped by a fair value revaluation of its investment properties.