News
Catch up on the latest real estate news, updates, and development stories from African markets.
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The GIDI Company has begun construction of a social housing project offering free accommodation to vulnerable and displaced women, including widows, funded partly from its commercial real estate profits.
President William Ruto says Kenya is investing Sh5.6 billion in the first 2,200 affordable housing units in Kericho under a plan for 5,000 homes, as the town positions itself for city status.
Kenya's High Court has lifted orders blocking a Senate committee from investigating a land dispute at Two Rivers Crescent Estate in Kiambu, clearing a son of former intelligence chief James Kanyotu to appear.
Lagos State says structured public-private partnerships will be central to closing a housing deficit that has risen to 3.4 million units and requires an estimated N6 trillion in annual investment.
Egypt has issued national real estate identification numbers for all buildings nationwide, linking many individual units to utilities data in a push to tighten property records and ownership verification.
Cameroon has begun talks with UN-Habitat on financial mechanisms to turn part of its 2.5 million-unit housing shortfall into effective demand, though no funding commitment was announced.
President Yoweri Museveni has asked Kampala minister Minsa Kabanda to study a developer's proposal to build an eco-friendly hotel and shopping complex on two acres of public land at City Square.
Kenya's government says about 10,000 affordable housing units have been completed and 8,000 occupied, with a much larger pipeline still under construction and a revolving financing model under consideration.
The North Gauteng High Court has declared unconstitutional the section of the Property Practitioners Act that made a valid BEE certificate a condition for issuing Fidelity Fund Certificates to estate agents and agencies.