Category
Published stories attached to the Commercial category.
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President Samia Suluhu Hassan will on September 8 inaugurate phase two of the Mtumba Government City in Dodoma, a Sh698 billion ($270 million) complex of 26 ministry buildings expected to house about 18,510 government employees.
A Lagos State High Court has barred further demolition and construction on a disputed property at 168 Broad Street, Lagos Island, after a council quit notice triggered a possession battle.
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.
The Presbyterian Church of East Africa has launched a Sh703 million fundraising drive to rescue its Milele Beach Hotel in Mombasa from debt, after paying Sh50 million to KCB to cut its outstanding loan to Sh753 million.
South Africa's Public Investment Corporation has issued a tender to appoint professional valuers for its expansive property portfolio, months after a R430m valuation scandal at Lanseria International Airport.
A carefully negotiated commercial lease can give a Nigerian startup financial flexibility and clarity on landlord and tenant responsibilities — but founders must look beyond the advertised rent, property experts advise.
Al Naser Developments has signed an agreement with Radisson Hotel Group to manage the hotel component of its latest project in Egypt's New Administrative Capital, marking Radisson's first presence there.
American technology company Cybastion is planning a $75 million investment in an AI-powered data center and power plant in Cameroon, announced during the inaugural US-Cameroon economic dialogue.
Construction is nearing completion on the first phase of the R2.1 billion Cornubia development in northern Durban, which includes a Leroy Merlin retail project and future commercial facilities.