News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Fibre network operator Dark Fibre Africa says it will use new commercial and residential property developments as a channel to expand coverage, after completing the first phase of an R800m network upgrade.
Ghana’s National Housing Fund plans to launch an EasyRent scheme before the end of 2026 to offer low-interest rent advances, alongside fresh investment in social housing and a national homebuyers database.
Orascom Real Estate has inaugurated phase one of its O West Sports Club, a 26-feddan sporting and community facility being built in two phases with investments running into billions of Egyptian pounds.
FCT Minister Nyesom Wike has assured Qatar that a court challenge to its ownership of an 8,000-square-metre plot earmarked for its Abuja embassy will be resolved, as both sides discuss cooperation on urban planning and new cities.
Repeated kidnappings and attacks around Kaduna metropolis are forcing residents to abandon their homes for rented apartments in the city, driving rents sharply higher and threatening the investments of low-income homeowners.
The average transaction price in Hout Bay has climbed to around R8.5 million as limited supply and competition between local and international buyers push luxury values sharply higher, according to Seeff and Propstats data.
Regulatory filings show a 27-storey mixed-use development with 396 residential units is planned along Mugo Kibiru Road in Nairobi’s Kibra constituency, one of the tallest residential properties proposed for the capital.
President John Dramani Mahama has asked the Finance Minister to set aside GH¢300 million in the 2027 budget to build 250 apartments for police officers, in a bid to ease congestion in the Service’s barracks.
The Addis Ababa City Administration says it made progress on housing delivery, urban renewal and transport infrastructure during the first quarter of the Ethiopian fiscal year, including building through the rainy season and opening four parking and terminal facilities.