News
Catch up on the latest real estate news, updates, and development stories from African markets.
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A fire in Bash, Pumwani Majengo destroyed 14 homes, leaving families sheltering in tents as rains pound the area while a dispute over the land blocks rebuilding.
The Ministry of Housing and Urban Development has pledged support for the Nigerian Army's post-service housing programme, tying it to a national plan to build more than 774,000 homes.
Retired and serving railway workers occupying bungalows on railway land at Adum in Kumasi have been given three months to vacate, prompting residents to demand clarity on who owns the land.
Co-operative Bank of Kenya and Fanaka Real Estate have signed a partnership in which the developer will provide land and the lender will finance buyers seeking to acquire and develop property, including homes and commercial developments.
GOOD Party mayoral candidate Brett Herron has promised an immediate moratorium on the sale of City-owned land and long leases if elected mayor of Cape Town, saying public land should be used first to tackle the housing crisis.
The Federal Government and the German and French development agencies GIZ and AFD have opened talks on supporting sustainable housing delivery under the Renewed Hope agenda, with the housing ministry restating a target of about 774,000 housing units.
The Kaduna Geographic Information Service says it has resolved more than 5,000 land disputes and restored over 150 land titles revoked under previous administrations, alongside reforms including the registration and accreditation of land agents.
Human Settlements Minister Thembi Simelane says South Africa's housing backlog stands at about 2.6 million people, with demand for affordable housing continuing to outstrip supply, as the National Housing Finance Corporation marked its 30th anniversary.
President Cyril Ramaphosa has welcomed the opening of South Africa's first Club Med resort in KwaZulu-Natal, a more than R2 billion development he described as the largest hospitality investment in South Africa and SADC since Sun City opened in the 1970s.