News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Egypt has allocated more than one million square metres across 16 plots in Hurghada for hotel, tourism and entertainment projects expected to add hundreds of hotel rooms.
Kenya's construction sector is set for increased activity as a Sh3.35 trillion ($26 billion) project pipeline drives demand for building materials, equipment and specialist services.
Ghana's Rent Control Department has asked Parliament to expedite amendment of the country's rent legislation, describing the existing framework as outdated.
Wisdom Kwati Smart City has opened sales on a 144-hectare mixed-use development at Iwofe in Rivers State, backed by a five-partner consortium.
Ethiopian developer Dema Hope says it now has 11 active development sites after handing over its second completed project, the 21-storey Bole Adey Abeba, and starting a follow-on build.
Land and housing-related borrowing accounted for 37.3 per cent of new sacco credit in 2025, overtaking agriculture and education as members increasingly tap long-term loans to buy land and homes.
President John Dramani Mahama has directed the Finance Minister to allocate GH¢1 billion in the 2027 Budget as government’s contribution to a GH¢3 billion National Housing Fund.
Infinity Developments has launched Phase One sales at Infinity Hills, a mixed-use community near Stone Town in Zanzibar developed with the Zanzibar Housing Corporation, recording multi-billion-shilling early transactions.
Nairobi's county assembly has launched an inquiry into delays in the Jeevanjee Housing Project by Jabavu Village Limited after Taqwa Sacco members paid Sh387 million toward homes that remain unbuilt.