News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Nigeria's $1 billion Port Modernization Programme is driving a real estate boom across the South-South region, with industrial warehouse leasing rates spiking 45-65% year-on-year as Port Harcourt, Calabar and Warri attract logistics investment.
More than 452 Glen Lorne residents in Harare have appealed to President Mnangagwa to stop a housing development on environmentally sensitive land until it is independently assessed.
Cape Town civic groups say rising property valuations, tariffs and housing costs are straining households, while the city defends its relief measures and lowest-cost claims.
Kenya's National Land Commission intends to acquire 13 parcels in Kiambu County for the James Gichuru Junction-Rironi highway project, after years of court battles over compensation.
Nairobi County has gazetted its 2027 land rates, due from 1 January 2027, setting flat charges by plot size and valuation-based rates capped at double what owners paid in 2022.
Nawy Now, the mortgage arm of Egyptian real estate platform Nawy, has offloaded EGP 633 million of mortgages to an investment fund in its second issuance, freeing up balance-sheet capacity.
Zimbabwe's President Emmerson Mnangagwa says Emaar Properties founder Mohamed Alabbar is planning a major new investment in premium hospitality that will bring luxury hotels to Zimbabwe.
Hilton has signed an agreement with developer Terrace Africa to open the Hilton Garden Inn Harare Highlands, its first hotel in Zimbabwe, as part of the capital's mixed-use Highlands Precinct development.
Anambra State has given landowners until December 31, 2026 to recertify their old Certificates of Occupancy, warning that the old land administration system will be shut down indefinitely after the deadline.