News
Catch up on the latest real estate news, updates, and development stories from African markets.
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The Western Cape government has expanded its housing intervention model through a new partnership with Nedbank, with 48 applications already approved for struggling homeowners.
Land and property owners at Amrahia Dairy Farms have petitioned President John Mahama over the alleged demolition of their homes and properties without a court order.
President William Ruto has handed over 220 housing units at the Chepalungu Boma Yangu affordable housing estate in Bomet County, where 99 per cent of the homes have been sold.
Egypt has recorded about 490,000 real estate tax filings covering more than 830,000 property units on its digital real estate tax platform, according to Finance Minister Ahmed Kouchouk.
The share of Kenyan banks expecting non-performing real estate loans to rise over the next quarter nearly doubled to 27 per cent in June, according to the Central Bank of Kenya's latest credit survey.
The federal government says it is determined to make Nigeria's real estate and built environment sector one of the biggest contributors to GDP, with the housing minister outlining investor-protection reforms.
The City of Cape Town has approved the V&A Waterfront's planned R20 billion Granger Bay expansion, which includes about 1,000 affordable housing opportunities in one of Cape Town's most sought-after coastal areas.
Zimbabwe's tax authority has approached the Arlington Estate Homeowners Association in Harare for the names and contact details of homeowners and tenants across the gated development, under Section 39 of the Income Tax Act.
South Africa has registered about 2,400 non-compliant buildings across its eight metropolitan municipalities and will prioritise a national funding model for temporary emergency accommodation, which municipalities lack when executing eviction orders.