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Published stories attached to the Development category.
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Misr Italia Properties' Solare Ras El Hekma, a 400-feddan destination on Egypt's North Coast representing about EGP 58.5bn in investments, is shifting coastal development from seasonal residential communities to fully integrated destinations.
Octo5 Holdings executive director Lauretta Odusolu says property developers in Lagos must move from a 'build first, solve drainage later' approach to treating flood resilience as part of initial estate design.
Researchers say rapid urbanisation and land reclamation for real estate development in Lagos are reducing the natural flood buffering of wetlands, with more than 60% of the megacity's urban areas projected to face extreme flooding by 2050.
With developable land in Lagos shrinking and prices climbing, developers are turning to high-rise residential buildings to fit more homes on expensive parcels, Elara Development's CEO tells Nairametrics.
Afro-Arab Properties has cut the sod for a 30-unit, three-bedroom housing project at Community 22 Annex in Accra, with a payment plan that lets buyers move in after a 40 per cent down payment.
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.
Springpet Homes Limited has changed its corporate identity to Springpet Development Limited, reflecting an expansion from residential housing into broader real estate and infrastructure development.
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.