News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Nigeria’s property market is expected to stay active but increasingly selective in the final quarter of 2026, with rents under pressure, construction costs high and mortgage access still the biggest obstacle, a Housing Development Advocacy Network report says.
Egyptian developer Madinet Masr has launched a fractional real estate investment offering through its SAFE platform, allowing investors to buy shares in selected properties from EGP 5,000.
Uche Nnaji, the Peoples Democratic Party governorship candidate in Enugu State for 2027, has promised to rebuild demolished markets and give replacement shops to affected traders free of charge if elected.
Amnesty International Nigeria has asked FCT Minister Nyesom Wike to suspend a planned demolition along a public utility corridor in Maitama, Abuja, and to review the allocation of the land for private development.
The Kenyatta family's Northlands City development in Ruiru is marketing 218 three-bedroom apartments at about 109 square metres each, with cash prices from KSh 12.5 million and mortgage financing through partner banks.
Construction of the GEMS International School of Zanzibar is expected to begin soon, with planned capacity raised from 1,100 to 1,500 students at the Infinity Hills mixed-use development near Stone Town.
A new residential development in Katampe Extension, Abuja, is courting homeowners and investors with technology-enabled features including fibre-optic connectivity, elevator access and basement parking.
The Anambra State Government plans a subsidised social housing scheme for public servants, with 1,200 units in the first phase at Ebenebe near Awka and funding expected from the Federal Mortgage Bank.
A blaze swept through informal dwellings in Imizamo Yethu, Hout Bay, early on Sunday, prompting renewed calls for the City of Cape Town to deliver its delayed Imizamo Yethu Phase 3 housing project.