News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Kenya's National Assembly committee has demanded answers from housing officials over stalled Affordable Housing Programme projects, with delays blamed on procurement challenges and contractor capacity gaps.
Tanzania's inaugural Real Estate Expo and Forum (TAREX) will bring together developers, investors, financiers and regulators in Dar es Salaam from November 20-22 to address housing shortages and unlock property investment.
Ghanaian business leader Sir Sam Jonah disclosed that a significant real estate investment in Nigeria has faced sustained harassment by state agencies, warning that such treatment could undermine intra-African investment and trade.
The Moolman Group agreed to sell nine shopping centres across South Africa for 2 billion rand ($124 million) to Dipula Properties, marking the largest acquisition in the listed REIT's history.
Nigerian luxury property developer Sijibomi Ogundele says his Sujimoto Group has repaid more than N40 billion ($29.8 million) in debt and aims to be debt-free by January 2027, while an EFCC investigation into alleged fund diversion at Enugu's Smart Green Schools project continues.
Growthpoint's 36 Hans Strijdom building in Cape Town has secured Net Zero carbon level 2 certification from the GBCSA, as the property firm shifts assets to lower-carbon operations.
Marriott International has opened Kampala Marriott Hotel and Marriott Executive Apartments Kampala, marking the debut of both brands in Uganda.
Ghanaian developer Devtraco Plus has launched a Nigerian market initiative, urging high-net-worth investors to consider Accra's real estate and tourism landscape.
Knight Frank Kenya's H1 2026 market update shows a resilient property market, with prime office occupancy rising 4.05% and prime residential sale prices up 6.2%.