News
Catch up on the latest real estate news, updates, and development stories from African markets.
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More than 190 families removed from their homes in KwaDukathole, Ekurhuleni, during apartheid are still waiting for restitution payouts 12 years after the process began, despite a R115.7 million compensation offer.
Heavy rain and strong winds destroyed about 30 houses in Rwanda's Nyagatare District on September 21, leaving dozens of families without shelter as the government warns of an unusually wet September to December season.
Nigerian developer MKH Properties has signed a N30 billion commercial paper programme, with a first 364-day series yielding 25.0001%, as it moves to fund project delivery across its Lagos and Ibadan estates.
A South African consortium led by former Sibanye-Stillwater chief executive Neal Froneman is working with Rothschild & Co. on an R6.7 billion motorsport complex north of Cape Town that would include an F1 circuit, hospitality and residential property.
A Parliamentary Budget Office report says 176 affordable housing projects have stalled on delayed contractor payments, leaving a Ksh118.3 billion funding gap in the current financial year.
Anambra State deployed bulldozers to Nawfia, Abagana and Onitsha from September 18, pulling down shops and buildings the government says were erected without approval, on sidewalks, access roads and former motor parks.
CCM's deputy secretary-general for Zanzibar says the ruling party will push for new laws on land compensation and revenue sharing after residents of Bumbwini in North Unguja complained that payouts for land taken for development are inadequate.
City Lodge Hotels has finished a major refurbishment of the 91-room Courtyard Hotel in Summerstrand, Gqeberha, creating seven permanent jobs as the group extends investment to its Road Lodge and Town Lodge properties in the city.
Kenya has invited landowners, developers and agents to offer land in Nairobi's Gigiri diplomatic hub for a purpose-built office block for its permanent missions to the United Nations, with offers due on October 13, 2026.