News
Catch up on the latest real estate news, updates, and development stories from African markets.
606 items
Page 8 of 68
Kenya is exploring long-term financing options, including with the World Bank, after the 1.5 per cent housing levy proved insufficient to fund its target of building 200,000 affordable homes a year.
Lands Cabinet Secretary Alice Wahome has urged Kenyan architects and quantity surveyors to reach quick consensus on the proposed Architectural and Quantity Surveying Practitioners Bill, warning that delay could hurt its legislative timeline.
Official data from Statistics South Africa shows home values in Limpopo rose 9.5% year on year, making the province the country's second-fastest growing residential property market behind the Western Cape.
Abuja-based K-Haven Luxury Homes and Properties says it will begin property development in Abuja and Lagos, targeting quality construction at reasonable prices and offering diaspora Nigerians managed building projects with progress monitoring.
Egypt is preparing a dedicated law to regulate the real estate development market and will submit it to the House of Representatives as soon as possible, Prime Minister Mostafa Madbouly said, amid a government push to protect buyers and developers.
Developers are increasingly seeking financing for housing projects in prime Lagos areas such as Ikoyi, Victoria Island and Lekki, driven by infrastructure and growing middle-class prosperity, says Sage Grey Group Managing Director Temitope Runsewe.
The Federal Government says it is ready to deepen engagement with TEC Engineering (Nigeria), a China Railway International Group subsidiary, on large-scale housing delivery, urban renewal and public-private partnerships.
FirstTrust Mortgage Bank has launched a suite of mortgage and real estate development products with facilities of up to N250 million and repayment tenors of up to 20 years, targeting individual buyers, self-employed professionals and commercial developers.
Tanzania has reduced the cost of planning and surveying a plot in developed areas to TZS 130,000 under the 2021 Regularization Guideline, down from as much as TZS 400,000, as the government pushes more urban landholders to formalise titles.