News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Kenya says it is leading Africa’s biggest housing expansion with hundreds of thousands of homes in the pipeline. The move is aimed at tackling a housing crisis affecting millions living in informal settlements.
A city parking lot in Cape Town is being transformed into a major housing development. The move could bring affordable homes into one of South Africa’s most expensive urban spaces while creating thousands of jobs.
Africa’s next real estate winners may come down to cities, not countries. Rapid urban growth and a supply shortage are creating new hotspots where investors are chasing stronger returns.
Nigeria’s consumer protection agency has shut down multiple Abuja real estate firms over alleged violations. Authorities say the crackdown targets complaints tied to property sales, refunds, and misleading practices.
The UN says nearly half the world could soon be living without adequate housing. A new warning from UN-Habitat says the global housing crisis is accelerating faster than cities can respond
Cape Town’s property sector has scored a major legal victory against the city’s tariff system. The court ruling could reshape how municipal property charges are calculated across the metro.
Ghana’s Rent Control Department wants dedicated courts to handle rising landlord-tenant disputes faster. Officials say weak enforcement of rent laws is worsening pressure on tenants, especially students.
Lagos is ramping up enforcement against unsafe construction and non-compliant buildings across the city. Authorities say thousands of sites and businesses have already faced sanctions as safety concerns grow in Nigeria’s commercial capital.
Nigeria is widening access to housing finance as more citizens struggle to afford homes. The Federal Mortgage Bank says expanded financing efforts are aimed at making homeownership more realistic for low- and middle-income earners.