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Published stories attached to the Development category.
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A massive new mixed-use “Olympic City” is being developed in Lagos to combine housing with sports infrastructure. Developers say the project could help ease the city’s housing shortage while creating dedicated athlete facilities.
One of South Africa’s biggest privately funded city projects is officially underway near Sandton. The R18 billion development plans to deliver up to 20,000 homes alongside retail, logistics, and transport infrastructure.
Banks say many African real estate projects fail before funding discussions even begin. Stanbic Bank says weak documentation and poor project preparation are locking developers out of financing.
A three-storey building under construction collapsed in Abuja, killing at least five people. Emergency crews are still searching through the debris for more victims feared trapped beneath the rubble.
South Africa’s proposed smart city is drawing billions in private-sector investment before construction fully begins. The project is being positioned as a major test of the country’s future urban development ambitions.