News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Kenya’s anti-corruption agency is pursuing the recovery of prime Kisumu land valued at about KSh4.5 billion. The case alleges that 7.6 acres belonging to the Kenya Prisons Service were fraudulently acquired, putting public property and land governance under renewed scrutiny
Kenya’s construction sector is expanding, but the biggest challenge may be finding workers with the right technical skills. New data shows skilled labour is becoming increasingly valuable as developers adopt more specialised and mechanised building methods.
Despite fears of a pre-emptive rate hike driven by rising inflation, the South African Reserve Bank holds the repo rate steady at 7.00%, offering bonded property owners much-needed financial breathing room.
Property developers and diaspora investors can now process physical planning approvals 24/7 from anywhere in the world, as Lagos State completely outlaws manual building permits.
Rwanda is preparing to tighten oversight of its property market. New rules will require real estate brokers and property managers to be licensed, certified, and accountable.
Tanzania is preparing to overhaul its real estate sector with a dedicated regulator. The proposed agency aims to boost transparency, protect buyers, and strengthen investor confidence.
The international real estate brand enters the South African market, offering local high-net-worth sellers direct reach to elite global buyers across prime residential hotspots.
Public Works Minister Dean Macpherson launches an aggressive probe into 6,238 state properties to root out illegal occupants, uncollected rent, and public officials staying past their entitlement.
Governor Babajide Sanwo-Olu presents compensation cheques to citizens affected by road and infrastructure projects across Badagry, Epe, Ikorodu, Igbogbo, and Ogba.