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Published stories attached to the Policy category.
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Egypt is preparing a dedicated law to regulate the real estate development market and will submit it to the House of Representatives as soon as possible, Prime Minister Mostafa Madbouly said, amid a government push to protect buyers and developers.
The Federal Government says it is ready to deepen engagement with TEC Engineering (Nigeria), a China Railway International Group subsidiary, on large-scale housing delivery, urban renewal and public-private partnerships.
Ghana's failure to plan and manage its rapidly growing cities is making property development more expensive and discouraging homebuyers, an analysis argues, with weak enforcement of planning laws leaving developers to provide roads, drainage and other services the state should coordinate.
Tanzania has reduced the cost of planning and surveying a plot in developed areas to TZS 130,000 under the 2021 Regularization Guideline, down from as much as TZS 400,000, as the government pushes more urban landholders to formalise titles.
The Kaduna State House of Assembly is considering legislation to regulate residential rents across the state, as rising accommodation costs put increasing pressure on household incomes.
Ethiopia is establishing its first dedicated mortgage refinance company, capitalised at 100 billion birr (about $620 million), under a National Bank of Ethiopia and IFC cooperation framework aimed at unlocking long-term housing finance.
Ghana's Local Government Minister Mahama Ayariga has announced plans to redevelop the Korle Lagoon slum in Accra into high-rise container housing, beginning with a military-led evacuation and clearing of the dumpsite.
The Federal Government has urged the Real Estate Marketers and Consultants Association of Nigeria to prioritise professionalism and credible data, saying proposed reforms will address registration and credibility of practitioners.
President John Dramani Mahama has given Ghana's local government and housing ministers 14 days to develop a framework resolving the dispute between the Tema Metropolitan Assembly and TDC Ghana over development control and building permits.