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Published stories attached to the Market news category.
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Banks and mortgage finance companies taking part in Egypt's mortgage finance initiative for low- and middle-income customers had provided EGP 111.131bn in financing to about 723,604 customers as of July 2026, according to the Social Housing and Mortgage Finance Fund.
The Western Cape town of Kalbaskraal, less than an hour from the Cape Town CBD along the N7, is drawing bargain-hunting buyers, with an average sale price of R722,500 across 12 sales this year and three-bedroom homes listed at R750,000.
Eight multi-billion-naira properties in Kano have been marked for federal custody after a Federal High Court interim forfeiture order, in a case stemming from the disputed sale of the Akar family's industrial estate.
With Uganda's housing deficit estimated at 2.4 million units and mortgage lending stuck below 1% of GDP, a housing finance practitioner argues that incremental, stage-by-stage building is the country's real housing delivery model.
A five-city seminar will address the rising arrest, detention and prosecution of Nigerian real estate agents over property transactions, its organiser Dr Prince Joel has said.
Senegal's construction industry turnover dropped 22.1% year on year in the second quarter of 2026, with specialised construction activities down 38.7% and civil engineering down 29.0%, according to the national statistics agency ANSD.
Kenya's fast-growing satellite towns are straining under housing development that has outpaced roads, drainage and water services, built-environment professionals warned at the Architectural Association of Kenya's 2026 convention in Diani.
Co-operative Bank of Kenya and Fanaka Real Estate have signed a partnership in which the developer will provide land and the lender will finance buyers seeking to acquire and develop property, including homes and commercial developments.
Average asking prices for houses on Lagos' Banana Island have reached about N4.5 billion, while six-bedroom homes in Ikoyi rent for around N100 million a year, according to a review of current Nigerian property listings.