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News

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

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Page 39 of 68

Latest News

Ikoyi Residents Demand Probe Into Controversial Lagoon Reclamation Project

A major Lagos waterfront project is facing backlash from residents who say it is worsening flooding risks. The dispute highlights growing tensions between urban expansion and environmental protection.

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South Africa Says No Compensation for Nigerians who left property behind

A diplomatic dispute is growing over abandoned Nigerian-owned properties in South Africa. Nigeria sought compensation for affected citizens, but Pretoria says it will not pay for assets left behind.

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Foreign Buyers Now Control One-Third of Cape Town’s Luxury Coast

International investors are reshaping one of South Africa’s most exclusive property markets. Foreign buyers account for a third of Atlantic Seaboard transactions, driving demand in a tightly limited luxury market.

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Court Forces Cape Town to Rethink Affordable Housing Strategy

A decade-long housing battle has ended with a major court victory for affordable housing advocates. Cape Town and the Western Cape government must now prove how they will create more housing in well-located areas.

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Johannesburg Apartment Prices Are Falling as Buyers Look Elsewhere

Johannesburg’s once-booming sectional title market is showing unexpected weakness. Apartment and complex prices are declining even as demand for secure housing grows across South Africa.

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Nigerians Are Delaying Homes as Living Costs Crush Big Purchases

The dream of owning a home is being pushed further away for many Nigerians. Rising living costs and expensive financing are forcing households to prioritise survival over major investments.

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South Africa's Richest Man Make 24,000 South Africans Homeowners Through Land Reform Initiative

More than 24,000 South Africans have become legal homeowners through a privately funded land reform programme. The initiative is turning long-time municipal tenants into property owners with transferable assets.

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Nigeria to seek compensation for property abandoned by citizens fleeing South Africa

Nigeria is preparing to seek compensation from South Africa after hundreds of its citizens fled anti-migrant protests. The move could test diplomatic ties as both countries dispute the status of those repatriated.

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GREPA Takes Ghana Real Estate Voice to NAR Legislative Talks in Washington

Ghana’s real estate professionals are stepping onto the global policy stage. GREPA executives have joined international industry leaders in Washington to influence discussions shaping real estate regulation and practice.