News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Kenya is encouraging lenders to consider mobile-money transactions, SACCO savings and rental histories as alternative credit evidence to bring informal-sector workers into mortgage financing.
Real estate entrepreneur Lord King Mohammed Adah has pledged a fully furnished property worth N500 million in Abuja to the NBM of Africa Worldwide, a landmark humanitarian commitment.
Beltone Mortgage Finance, Property Finder, Coldwell Banker Egypt and Al Ahly Sabbour have partnered to launch Egypt's first integrated Open House concept on the North Coast, running from 27 to 29 August 2026.
Kenyan landlords and agents are demanding payslips, employment letters and KRA PIN details from prospective tenants, as court rulings against unlawful evictions make stricter screening the norm in major cities.
Redefine Properties expects its South African office vacancies to fall below 10% in FY2027, targeting 7.5% by the last quarter, as the SA office property sector improves.
Real estate stakeholders have flagged off work on a new 50-hectare residential project in Abuja's Kansas district, positioning private-sector collaboration as key to closing Nigeria's over 20 million-unit housing gap.
The Egyptian Cabinet has issued a decision regulating the committee that assesses compensation for owners of heritage buildings, covering expropriation and restrictions on demolition or additions.
The auction of former Cabinet Secretary Raphael Tuju's Entim Sidai Wellness Sanctuary property in Karen, Nairobi, aborted after no qualified bidders showed up, amid an ongoing dispute with East Africa Development Bank.
State Housing Company Limited and Absa Bank Ghana have signed a memorandum of understanding aimed at expanding access to mortgage financing and addressing Ghana's estimated housing deficit of 1.8 million units.