News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Nairobi County has gazetted its 2027 land rates, due from 1 January 2027, setting flat charges by plot size and valuation-based rates capped at double what owners paid in 2022.
Nawy Now, the mortgage arm of Egyptian real estate platform Nawy, has offloaded EGP 633 million of mortgages to an investment fund in its second issuance, freeing up balance-sheet capacity.
Zimbabwe's President Emmerson Mnangagwa says Emaar Properties founder Mohamed Alabbar is planning a major new investment in premium hospitality that will bring luxury hotels to Zimbabwe.
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.
Anambra State has given landowners until December 31, 2026 to recertify their old Certificates of Occupancy, warning that the old land administration system will be shut down indefinitely after the deadline.
The Federal Ministry of Housing and Urban Development and the Chartered Institute of Project Managers of Nigeria (CIPMN) have agreed to collaborate on improving project management and delivery in the housing sector.
Ethiopian developer Noah Real Estate says it has received no court summons, responding to homebuyer petitions over price adjustments and apartment size variations that have triggered temporary injunction applications.
President William Ruto says no company will be allowed to control more than 240,000 acres in Kajiado County, with investors restricted to at most 30% of the land and the rest returned to residents.
Egypt's Housing Ministry will accept applications from September 20 for 25,000 housing units offered under rental and rent-to-own schemes, targeting low-income citizens and young couples.