News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Nigercat Nigeria Limited has petitioned Inspector-General of Police Olatunji Disu, alleging that police operatives demolished part of its property at Oduduwa Crescent, Ikeja GRA, and replaced its gate.
METRA Developments has launched Liwan Residence in West Cairo, a villa project offering units of 266 to 349 square metres, as the company expands its development activity in the Green Belt and new urban communities.
QORE has entered Egypt's real estate development market with a EGP 30bn investment programme through 2030, starting with the mixed-use Maydan project in partnership with Inversion, Hafez Consultants and TSM Asset Management.
Kigali Heights Development Company Ltd is being wound up after selling the Kigali Heights commercial complex to Yyussa Company in a deal valued at $31.8 million, with creditors given until October 10 to file claims.
Kuwait-based Tatra Group has launched T Developments in Egypt, drawing on more than 20 years of activity in Kuwait where it has developed around 40 real estate projects and targeting a portfolio of up to 400,000 square metres in Egypt.
Banks and mortgage finance companies taking part in Egypt's mortgage finance initiative for low- and middle-income customers had provided EGP 111.131bn in financing to about 723,604 customers as of July 2026, according to the Social Housing and Mortgage Finance Fund.
The Western Cape town of Kalbaskraal, less than an hour from the Cape Town CBD along the N7, is drawing bargain-hunting buyers, with an average sale price of R722,500 across 12 sales this year and three-bedroom homes listed at R750,000.
KwaZulu-Natal said foreign nationals affected by a shack fire at the Swapo informal settlement in Copesville will not receive emergency housing assistance, after a verification process found 19 foreign nationals had been living in the destroyed structures.
Anambra State's Ministry of Justice is reviewing about 180 criminal cases arising from land disputes, with the Attorney-General saying files that are essentially civil will be discontinued while genuine criminal cases will be prosecuted.