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Catch up on the latest real estate news, updates, and development stories from African markets.

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Page 18 of 83

Latest News

Digital Realty opens 6.4MW Nairobi data centre as iColo joins its brand

Digital Realty has opened its Nairobi Two Data Center (NBO2), adding 6.4MW of capacity to its Kenyan campus as iColo transitions to the Digital Realty brand.

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Building sealed by Abuja development control collapses in Wuse Zone 4

A building that had been sealed by Abuja's Department of Development Control collapsed in Wuse Zone 4, triggering a search-and-rescue operation by multiple emergency agencies.

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Cairo Governor outlines four phases for Khedival Cairo downtown development

Cairo Governor Ibrahim Saber said the Khedival Cairo development project will proceed in four phases spanning Tahrir Square, Talaat Harb, Opera Square and Qasr El-Nil Street.

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Egypt records 490,000 real estate tax filings covering over 830,000 properties

Egypt's new digital facilities for real estate taxpayers drew more than 612,000 electronic accounts and 490,000 tax declarations in their first two months, Finance Minister Ahmed Kouchouk said.

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Mukuru homeowners move into affordable housing units as more set to take occupation

First beneficiaries have begun occupying completed units at Nairobi's Mukuru affordable housing project, with the Affordable Housing Board saying more homeowners will move in within three weeks.

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How existing properties can be given new purpose —Oluwadare

Lagos-based commercial interior designer Micah G. Oluwadare shows how a former residential staff-quarters building was transformed into a functional corporate technology workspace for Capricorn Digital Limited, demonstrating the potential of adaptive reuse in commercial real estate.

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Nigeria to lead Africa in real estate growth through 2029 —Report

An industry report projects Nigeria’s real estate market will grow at a compound annual rate of 6.9% between 2025 and 2029, outpacing Kenya, Rwanda, Ghana and South Africa, thanks to rapid urbanisation and a persistent housing shortage.

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Nigeria's $13bn Lagos-Calabar Highway triggers speculative real estate boom

The ongoing $13 billion Lagos-Calabar Coastal Highway is reshaping property values along southern Nigeria’s corridor, with land values rising by as much as 133% in two years and investors turning to emerging coastal districts in Ondo, Edo and Delta.

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Housing crisis: Fix building system, not cement prices —Oyedele

Fame Oyster & Co. CEO Olufemi Oyedele urges the federal government to abandon attempts to regulate cement prices, arguing that Nigeria’s housing crisis stems from a faulty building production system rather than the activities of cement manufacturers.