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Published stories attached to the Policy category.
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Wema Bank says its sale of disputed Banana Island properties was lawful and tied to debt recovery efforts. The clarification comes as regulators pursue legal action over assets linked to the collapsed Gulf Bank.
Ghana’s Rent Control Department says charging rent in US dollars has become “lawless” and must end. Officials are now working with the Bank of Ghana to tighten enforcement across the rental market.
A legal battle over some of Lagos’ most valuable real estate is unfolding in Banana Island. Nigeria’s banking regulator claims billions in luxury properties linked to a failed bank were improperly taken and sold.
Nigeria is entering a major global housing summit while battling one of Africa’s largest urban crises. Rising rents, flooding, overcrowding, and weak planning are pushing millions deeper into housing insecurity.
South Africa’s anti-corruption unit is targeting luxury properties allegedly bought with diverted public funds. Investigators say money meant for community development projects was instead used to acquire high-end real estate.
Women’s rights advocates in Ghana say current property laws still leave many spouses financially vulnerable after divorce. Legal experts are now calling for reforms that better reflect unpaid domestic and caregiving contributions.
Egypt is considering a powerful new body to regulate real estate developers and clean up the sector. Officials say the move could reshape transparency, investor confidence, and project accountability nationwide.
Morocco’s direct housing subsidy program is rapidly expanding access to homeownership nationwide. Officials say the initiative is already reshaping the country’s housing market and construction sector.
The global housing crisis is no longer just about supply shortages. Urban experts argue that where homes are built, how they are financed, and who they serve matters just as much.