News
Catch up on the latest real estate news, updates, and development stories from African markets.
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The Federal Mortgage Bank of Nigeria approved more than N208 billion in housing and mortgage loans in 2025 and disbursed over N120 billion, its managing director said at the World Habitat Day commemoration in Abuja.
Families removed from Protea Village in Bishopscourt under the Group Areas Act returned to the area to report on the redevelopment of land won back through restitution, where roads and streetlights are in place but homes are still to be built.
Morocco ranks second in Africa for hotel development pipelines, with 75 hotels and 10,606 rooms in the works and 70 per cent due to open in 2026 and 2027, as operators scale up for the 2030 World Cup.
President William Ruto says the government will stop importing lifts for the Affordable Housing Programme after securing seven local manufacturers, speaking at the handover of the Sh5.37 billion Pioneer project in Eldoret.
The La community in Accra says it has begun preparing a lawsuit over the demolition of structures at La Pleasure Beach, arguing that the disputed beachfront cannot be handed to an investor while ownership remains unresolved.
Governor Uba Sani has directed the Kaduna State Geographic Information Service to allocate plots and farmland to communities in Igabi whose land has been disputed with the military, saying thousands of displaced residents must be resettled with decent shelter.
Egypt has launched an investment zone for Qatari Diar's Alam Al Roum development on the North Coast, as ministers pitch the zone as a vehicle for tourism, real estate and service investment.
Parliament's transport committee has questioned KeNHA over delays of up to three years on the Mau Mau roads project in Kiambu County, substandard materials and landowners who are yet to be compensated.
The Emir of Kano, Muhammadu Sanusi II, has urged the Kano State Government to compensate traders whose shops were demolished in June 2023, saying many lost their only source of income.