News
Catch up on the latest real estate news, updates, and development stories from African markets.
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South African property owners may finally have faster legal protection against illegal occupiers. A new Constitutional Court ruling is reshaping how eviction disputes could be handled across the country
Wema Bank says its sale of disputed Banana Island properties was lawful and tied to debt recovery efforts. The clarification comes as regulators pursue legal action over assets linked to the collapsed Gulf Bank.
Ghana’s Rent Control Department says charging rent in US dollars has become “lawless” and must end. Officials are now working with the Bank of Ghana to tighten enforcement across the rental market.
Some Cape Town property owners say a hidden municipal classification issue is quietly driving up their rates bills. Critics warn the system could damage affordability and property values in affected areas.
Rent hikes across Lagos are pushing tenants to breaking point, but landlords say they are under pressure too. Developers and agents blame inflation, construction costs, and economic instability for the city’s worsening affordability crisis.
Luxury homes worth up to R15 million are selling fast in a small South African coastal town where average incomes remain far lower. The surge is exposing the growing divide between lifestyle-driven property demand and local affordability realities.
Nigeria is entering a major global housing summit while battling one of Africa’s largest urban crises. Rising rents, flooding, overcrowding, and weak planning are pushing millions deeper into housing insecurity.
Kenya’s industrial real estate market is shifting from hype to large-scale execution. Special Economic Zones are now driving demand for warehouses, factories, and logistics infrastructure across the country.
Ghana is aggressively pitching itself to global investors as competition for African capital intensifies. Officials say new reforms and strategic positioning could unlock major long-term opportunities across key sectors.