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MREIF disburses over N140 billion in mortgages to 2,000 Nigerians
The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025.
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Catch up on the latest real estate news, updates, and development stories from African markets.
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Latest News
Ghana's building cost inflation rises to 4% in July
Ghana's building cost inflation rose to 4.0% in July 2026, up from 3.1% in June, driven mainly by rising construction material prices and sharp increases in plant and equipment costs, new Ghana Statistical Service data shows.
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Foreign investors commit to investment in Grosvenors Place
Sabreworks Real Estate Investment Limited, developer of the Grosvenors Place commercial project in Ikeja, Lagos, says a delegation of foreign investors has signed an investment memorandum after visiting the site this week.
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Why Nanyuki town is overstretched by influx of investors, visitors
Nanyuki Town in Laikipia County is struggling with congested services as an influx of investors, visitors and population growth stretches water and waste infrastructure.
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Hilton to enter Zimbabwe with first Harare hotel as property market attracts global investors
Hilton has signed an agreement with property developer Terrace Africa to establish a 140-room Hilton Garden Inn in Harare, marking its first entry into Zimbabwe.
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R500-million scammers re-emerge wearing the face of top South African real estate company
Scammers behind an estimated R500 million pyramid scheme have rebranded and are now impersonating the Seeff Property Group, one of South Africa's best-known real estate brands.
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East Africa's real estate players to converge in Dar es Salaam
The inaugural Tanzania Real Estate Expo and Forum (TAREX) will hold from November 20 to 22 in Dar es Salaam, bringing together developers, investors and financiers from across East Africa.
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Kibera housing drive expands as relocated families get priority
Families relocated to clear space for urban renewal in Kibera will receive first priority in the allocation of new housing, as construction advances under Kenya's Affordable Housing Program.
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Nairobi property market debate outlines essential amenities for modern apartments
Property commentators and urban residents in Nairobi have outlined essential amenities that modern housing developments must include to justify premium rents.