News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Ghana’s Rent Commissioner says imported building materials are making rents unnecessarily expensive. Officials now want developers to rely more on local construction inputs to ease pressure on tenants.
Most properties in Nigeria may not legally belong to the people occupying them. Surveyors warn the country’s weak land documentation system is slowing investment and deepening housing insecurity.
Rent prices are climbing rapidly across Nigeria’s biggest cities as urban migration intensifies housing demand. Analysts say speculation and investor-driven pricing are making affordable housing even harder to find.
South Africa’s proposed smart city is drawing billions in private-sector investment before construction fully begins. The project is being positioned as a major test of the country’s future urban development ambitions.
Johannesburg homeowners fear collapsing public services could wipe out property values across the city. Power outages, broken roads, and water disruptions are now shaping real estate decisions.
Cement prices in Nigeria have jumped as high as ₦12,000 per bag, intensifying the country’s housing crisis. Lawmakers now suspect possible market distortions and anti-competitive practices within the construction sector.
Ghana’s teachers, nurses, and civil servants could soon access government-backed affordable homes. The new housing push aims to tackle one of the country’s biggest cost-of-living pressures for public sector workers.
Ghana’s construction costs are finally cooling after last year’s painful spikes. But while overall inflation is slowing, some building materials are still getting more expensive.
Brasas Mall, The Heritage building, and 10 other high-profile properties were sealed this week. The crackdown follows a Banana Island elevator incident that went viral on social media.