News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Ghanaian developer Devtraco Plus has launched a Nigerian market initiative, urging high-net-worth investors to consider Accra's real estate and tourism landscape.
Knight Frank Kenya's H1 2026 market update shows a resilient property market, with prime office occupancy rising 4.05% and prime residential sale prices up 6.2%.
The Taraba State Government has formally taken over the 188 housing units built under the federal National Housing Programme, with Governor Agbu Kefas requesting more federal housing projects in the state.
The Economic and Financial Crimes Commission has arraigned Yusuf Ademola Oyepeju and his two companies before an Oyo State High Court over the alleged conversion and sale of a Dubai-based Nigerian cleric's property in Ibadan.
Building sector operators say the erratic surge in cement prices, with a 50kg bag of Dangote Cement topping N15,000 in some locations, is driving up construction costs, property values and rents.
Knight Frank's Kenya Market Update for the first half of 2026 says infrastructure corridors such as Tilisi-Limuru and areas served by major road projects are emerging as locations to watch in Nairobi's property market.
Real estate expert Moshood Ajeniya says rising prices, rents and construction costs are pushing more middle-class Nigerians toward long-lease property ownership, which needs far less upfront capital than buying outright.
Communicare and the City of Cape Town are redeveloping the historic Salt River Market into a 970-apartment affordable housing precinct, with construction set to start in October 2026.
New FNB data shows repeat home buyers accounted for 51% of female home loan applications in 2025, the first time in a decade they have outnumbered first-time buyers among women.