News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Minister Ahmed Dangiwa reassures National Housing Fund contributors and mortgage customers that all records remain intact following a fire at the FMBN headquarters, with core systems backed up digitally.
South Africa’s governing coalition is heading for a major showdown over land ownership. The Democratic Alliance wants the country’s controversial Expropriation Act scrapped, warning it could undermine property rights and investor confidence.
Specialist auction house In2Assets closes a milestone transaction on a high-value manufacturing and logistics facility in Durban’s Southern Industrial Basin, surpassing the national single-lot record set in 2014.
Attractive land adverts are not proof of ownership. A property consultant is urging buyers to inspect properties physically, conduct proper searches, and engage qualified lawyers before committing money to land purchases.
Nigeria’s anti-graft agency is pushing Lagos regulators to publish a deny list of fraudulent estate agents and developers. The proposed measure could give property buyers a stronger tool for checking who they trust with their money.
Kano’s governor is defending the allocation of more than 2,000 plots amid criticism over who received them. He says the land should become homes and family assets—not another opportunity for property speculation.
Kano is putting more than 2,000 residential plots into the hands of families as it tackles housing shortages and planned urban growth. The initiative could unlock new construction and create long-term property wealth if infrastructure keeps pace.
New roads and urban upgrades are making parts of Abuja more attractive—and more expensive. As infrastructure unlocks new growth corridors, rising rents are adding pressure to an already stretched housing market.
Nigeria’s real estate developers could face annual professional certification under a new industry proposal. REDAN says the system would help buyers distinguish credible developers from unregistered operators and reduce property investment risks.