News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Egypt's Minister of Local Development and Environment, Manal Awad, says detailed urban plans for Nakhl and El-Hasana are complete, with Nakhl's designated urban area set to more than triple to 1,251 feddans by 2037.
Works Minister David Umahi has accused Landmark Africa of land grabbing along the Lagos beachfront and threatened legal action against its chief executive, escalating a dispute over the Lagos-Calabar Coastal Highway's right of way.
The Central Bank of Kenya's September 2026 Market Perceptions Survey found that industry decline and cost reduction each accounted for 33 percent of the factors behind real estate respondents' employment expectations for 2026.
An agreement signed at the PLPEX trade fair in Macau brings together two Chinese firms and a Mozambican partner to deliver 12,000 prefabricated housing units in Maputo.
Ethiopian officials reviewing a national real estate money-laundering and terrorism-financing risk study say weak identity systems, the absence of a beneficial ownership registry and light supervision of developers leave property deals exposed.
Lagos State has allocated land to the Shangisha Landlords Association in Magodo GRA Phase 2, moving to enforce a 2012 Supreme Court judgment after a dispute that has run for about four decades.
Abbey Bank, formerly Abbey Mortgage Bank, says its non-performing loan ratio has fallen from about 80% to zero as it moves into regional commercial banking with a digital-first model.
The Accra Metropolitan Assembly has removed rebuilt wooden structures at the Kofikrom settlement in Avenor, saying contractors are already on site for a redevelopment that will deliver permanent homes and services.
FNB Namibia's second-quarter house price index shows the top end of the market rising fastest even as transaction volumes stall and residential plot sales fall 26.7% nationwide.