News
Catch up on the latest real estate news, updates, and development stories from African markets.
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President William Ruto has renewed criticism of opponents of Kenya's Affordable Housing Programme, revisiting the debate over chickens and high-rise housing during a rally in Narok.
Ghana's new Works and Housing Minister Ahmed Ibrahim says partisan politics and a lack of continuity in government programmes are stalling housing delivery, pointing to Côte d'Ivoire's stronger record.
Specialist retail real estate investment trust Vukile Property Fund has raised R1.1 billion through an oversubscribed debt auction that drew R3.65 billion in bids.
Abuja faces an estimated 1.7 million-unit housing deficit, with many luxury properties standing under-occupied while residents struggle to afford homes, a new HDAN report warns.
Victoria Island is expected to deliver more than 602 residential units in 2026 as developers expand housing supply across the Lagos district, a new Estate Intel report shows.
The Federal Housing Authority holds property worth nearly N5 trillion, its Managing Director Oyetunde Ojo has said, adding that 10,000 to 15,000 housing units are ready for delivery.
Kenya's government wants lenders to use mobile money transactions, SACCO savings and rental payment histories to assess borrowers, as it seeks to expand the mortgage market from about 30,000 loans towards one million.
The Labour Court ordered Andries Helani, the University of Johannesburg's former Senior Director of Student Affairs, to repay over R18.18 million for helping non-compliant private student accommodation providers secure accreditation.
Kenya's High Court has upheld SBM Bank's priority in the liquidation of the Cytonn-backed Alma project in Ruaka, a 477-unit residential development, to recover a defaulted Sh650 million loan.