News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Residents of Mukuru kwa Reuben in Nairobi say houses they paid deposits for under the Affordable Housing Programme were given to other people, after they were told the units were sold out.
Two residents were rescued alive after the ground floor of a six-flat building collapsed in Kubwa, Abuja, with no fatalities recorded.
The Nigerian military has reaffirmed its commitment to providing affordable housing for armed forces personnel, with the new Defence Properties Limited managing director pledging to expand the company's real estate activities.
Devmco Group says Sibaya Coastal City has shifted from planned growth to visible delivery, with 135 development sites now in active construction along KwaZulu-Natal's north coast.
REDAN has called for reforms to Nigeria's land titling system and government-backed housing subsidies, citing Egypt's model where support cut low-income housing costs by about 60 per cent.
Ace Real Estate CEO Ayobami Akindipe is launching The Twist into Victoria Island's premium residential segment as land values and rents continue to surge across the Lagos district.
Purple Real Estate Income Plc was the sole price decliner on the NASD Over-the-Counter Securities Exchange on Wednesday, pulling down the platform by 0.13 per cent.
HFCB Plc Group, the Kenyan lender formerly known as Housing Finance, reported a 59.9 per cent rise in half-year profit after tax, driven by higher earnings from lending and other banking activities.
Ogun State is expanding affordable housing projects and flexible financing options, including rent-to-own, to improve access to homeownership for residents.