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News

Catch up on the latest real estate news, updates, and development stories from African markets.

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Latest News

Lagos Government Demands Rapid Speedup of 940-Unit Egan-Igando and Ipaja Housing Schemes

The Lagos State Government is cracking down on delayed construction timelines in a aggressive bid to deliver nearly 1,000 subsidized homes. Contractors have been issued stern warnings as officials deploy cost-saving engineering tricks to protect low-income buyers from rampant inflation.

Latest News

Ghanaian Group Urges Tinubu, Mahama to Mediate Escalating Abuja River Park Estate Dispute

A diplomatic storm is brewing over a prime Abuja housing estate as armed security actions spark fears of bilateral tension. A prominent Ghanaian diaspora group is now begging West African heads of state to step in before the property battle turns toxic.

Latest News

Five-Bedroom Luxury Homes in Ikoyi Cross Historic N1.1 Billion Price Mark

High-end property values on Lagos Island are reaching dizzying heights as ultra-prime residences smash past the billion-naira mark. Elite buyers and dollar-backed corporate tenants are locked in a fierce bid for limited inventory, driving a historic five-year capital growth streak.

Latest News

South Africa’s Historic London Embassy Shuts After Years of Neglect

One of South Africa’s most prestigious overseas properties has been forced to close. Years of poor maintenance have left the historic London landmark requiring repairs estimated at nearly R70 million.

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Accra’s New City Plans Face Pressure to Fix Today’s Flood Crisis

Building a new city will not solve Accra’s flooding problems overnight. Experts argue that modernising the existing capital must happen alongside long-term urban expansion plans.

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Ghana Deploys 2,000-Person Task Force to Enforce Rent Laws

Ghana is moving from rent education to direct enforcement as authorities prepare a nationwide crackdown. A 2,000-member task force will target illegal rent practices and improve compliance across the housing sector.

Latest News

Centum and Mi Vida Explore New Funding Route for Housing Projects

Kenya’s real estate developers are turning to capital markets to solve a long-standing financing challenge. Centum and Mi Vida are exploring asset-backed securities to unlock longer-term funding for property development.

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Ecobank Joins Homebuilding Show to Unlock Construction Finance Access

Building a home is often easier to imagine than finance—but a new partnership aims to close that gap. Ecobank is joining The Build Project to help homeowners access financial solutions for construction and renovation.

Latest News

Radisson Prepares R750 Million Serviced Apartment Launch in South African Hotspot

One of the world's biggest hotel brands is expanding beyond traditional hotels in South Africa. Radisson is bringing luxury serviced apartments to Umhlanga in a R750 million development targeting investors and long-stay travellers.