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Published stories attached to the Development category.
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Tanzania has directed that construction activity expanding plots or creating land along Lake Victoria shores undergo environmental assessment before proceeding, as authorities prepare for El Nino rains.
AceRoyal Estates has launched Villa Nova, a 1,000-home master-planned community in Abijo, Lagos, backed by Lagos State land-title assurance and structured mortgages from Nova Bank.
Tanzania's population is projected to reach about 120 million by 2050, driving demand for housing, transport, commercial buildings and public infrastructure, Lands and Housing Minister Leonard Akwilapo said.
Adds Developments has entered Egypt's real estate development market with a 220-feddan land bank, starting in East Cairo, the company's chairperson Abdullah Sohail said.
Local Government Minister Mahama Ayariga says the government is working on a new financing framework, including pre-renting market spaces, after an Italian export credit facility was cancelled.
Housing Principal Secretary Charles Hinga says the government will build homes under its affordable housing programme aimed at the ageing parents of Kenyans living abroad.
Egypt's Industrial Development Authority has allocated more than 300,000 square metres of industrial land to investors under a rent-to-own model designed to cut the upfront cost of building factories.
More than 200 homes in Ogwashi-Uku, Aniocha South Local Government Area of Delta State, are at risk of caving in as a deep gully at the Ogbe-Ahor and Ogbe-Umuokwuni quarters continues to expand, community leaders have warned.
Human Settlements Minister Thembi Simelane says 600 hectares across 120 Cape Town land parcels could yield about 21,000 housing opportunities, while 162,583 beneficiaries have waited at least five years on the city's Housing Needs Register.