News
Catch up on the latest real estate news, updates, and development stories from African markets.
1401 items
Page 34 of 156
Nairobi Governor Johnson Sakaja has urged the national government to fast-track the Sh80 billion Nairobi cooperation agreement, revealing that only three of 40,000 planned streetlights have been installed and that water and waste projects have stalled.
South Africa is releasing about 2.5 million hectares of state-owned land to black farmers with title deeds under the Proactive Land Acquisition Strategy, President Cyril Ramaphosa said in his weekly newsletter.
Minor Hotels and Abu Dhabi developer Bloom Holding have agreed to develop the 38-key Anantara Retreat Rabat, marking both groups' entry into Morocco's hospitality market with an opening targeted for early 2030.
IHG Hotels & Resorts has signed a management agreement with Kleek Development for a 250-key Crowne Plaza hotel in New Cairo, due to open in the first quarter of 2031 as IHG deepens its Egyptian pipeline.
Federal and state governments have backed single-digit mortgage interest rates and a 35-year repayment window at the 15th National Council on Land, Housing and Urban Development in Sokoto, as Nigeria's housing deficit is put at more than 14.5 million units.
Environmentalists say private developers have built within 20 metres of the high water mark at Mombasa's Tudor Creek, well inside Kenya's 60-metre riparian buffer, destroying mangroves and polluting the marine ecosystem.
Accra-based Zongo Technologies is developing StashUp Rent, a product that pays a tenant's full advance rent directly to the landlord, as Ghana's 1963 Rent Act cap of six months' advance goes largely unenforced.
The Kano State House of Assembly has begun moves to regulate rent increases after lawmakers said annual house rents had doubled and shop rents had risen from N1 million to N2 million within a year.
Banque Misr has signed EGP 10 billion in financing agreements with Founders Real Estate Marketing, the marketing arm of Hyde Park Developments, to fund integrated residential, commercial and administrative projects in Egypt.