Egypt's PM orders review of stalled real estate projects, pushes developer federation law
Egypt's Prime Minister Mostafa Madbouly has directed officials to compile a list of stalled real estate projects as part of a drive to regulate the market.
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Catch up on the latest real estate news, updates, and development stories from African markets.
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Egypt's Prime Minister Mostafa Madbouly has directed officials to compile a list of stalled real estate projects as part of a drive to regulate the market.
Afriland Properties Plc has named Iyabode Olayemi Ayobami-Ojo, former Managing Director of NNPC Properties Limited, as an Independent Non-Executive Director.
A Federal High Court in Lagos has nullified an alleged 2014 attempt to take control of a 30-year-old property company through disputed corporate filings.
Rwanda's long-awaited revised land reference prices are set to take effect once Cabinet gives final approval, after five years without an official update.
The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage loans to over 2,000 Nigerians across 27 states since its mortgage operations began in April 2025, according to ARM Investment Managers.
The Presbyterian Church of East Africa has launched a Sh703 million fundraising drive to rescue its Milele Beach Hotel in Mombasa from debt, after paying Sh50 million to KCB to cut its outstanding loan to Sh753 million.
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.
South Africa's Public Investment Corporation has issued a tender to appoint professional valuers for its expansive property portfolio, months after a R430m valuation scandal at Lanseria International Airport.
A ruling by Kenya's Environment and Land Court in Kisumu shows land buyers can recover money paid and expenses directly linked to a failed transaction — but only where the costs are proven and tied to the deal.