News
Catch up on the latest real estate news, updates, and development stories from African markets.
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The first phase of the $25 million Masaka Views Eco Estate in Kigali's Kicukiro District is 85% complete, with NCBA Bank Rwanda offering a 105% mortgage product to fund purchases in the 382-unit development.
President John Mahama has cut the sod for a 1,238-acre industrial park at Afienya expected to host more than 120 enterprises, with serviced plots, factory shells and shared utilities aimed at industrialists priced out of the Tema Export Processing Zone.
Human Settlements Minister Thembi Simelane says disaster risk assessments must be conducted before land is acquired and housing projects approved, warning that poorly located developments expose families to foreseeable hazards.
President William Ruto says the Kabarnet Town Affordable Housing Project in Baringo County will be scaled up from 480 to 1,000 units, an addition of 520 homes under the national housing programme.
Transport Minister Kamel Al-Wazir has inaugurated the EGP 700 million Amreya Dry Port in Alexandria, Egypt's second dry port, built on 146,000 square metres as part of a plan for eight logistics corridors and nine border land ports.
The Taita Taveta County Assembly is considering a land swap that would hand QWETU SACCO alternative land at Vindo Showground so that the 10-acre Kingstone Stadium site in Voi can be secured for public sporting use.
Advans Ghana has inaugurated The Hive, its new head office in Accra, as the lender sets a target of serving 300,000 entrepreneurs by 2030 and expanding to 21 branches across nine regions.
Tanzania's ambassador to Algeria has invited Algerian construction firms to invest in Tanzania, citing a sector that contributes about 13 per cent of GDP and grows roughly 10 per cent a year, during the Bati-Est Expo 2026 in Constantine.
FCT Minister Nyesom Wike has told the Abuja Property Development Company to prioritise affordable homes for ordinary residents and civil servants as new districts open up, warning that real estate is about households rather than concrete and glass.