News
Catch up on the latest real estate news, updates, and development stories from African markets.
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President John Dramani Mahama has asked the Finance Minister to set aside GH¢300 million in the 2027 budget to build 250 apartments for police officers, in a bid to ease congestion in the Service’s barracks.
The Addis Ababa City Administration says it made progress on housing delivery, urban renewal and transport infrastructure during the first quarter of the Ethiopian fiscal year, including building through the rainy season and opening four parking and terminal facilities.
Egypt's Talaat Moustafa Group has agreed a partnership with AXA Egypt to give buyers at its The Spine development a 10-year medical insurance policy from the date their units are delivered, with a new hospital set to join the insurer's provider network.
The Kumasi Metropolitan Assembly says new buildings serving the public will not get permits unless they include ramps and accessible facilities, as its chief executive admitted most existing public infrastructure in the city is not disability-friendly.
Durban hospitality business Mojo's Investment CC has secured a nine-year and 11-month lease to run a municipal property at 17 Erskine Terrace on the city's beachfront after a legal challenge to the tender award was withdrawn.
The Catholic Archdiocese of Lagos has asked the Court of Appeal in Lagos to overturn a 2018 High Court judgment that declared the Lagos State Government the owner of a disputed property at No. 17/19 Okoya Street, Idumagbo, on Lagos Island.
A prosecution witness has told a Lagos court that influencer Blessing Nkiruka, known as Blessing CEO, collected N69.15 million for a five-year lease of a Lekki property she did not own.
Kenya's Affordable Housing Programme is backing a KSh18 billion investment in Nandi County expected to deliver 3,500 housing units, hostels for 6,000 students and 15 modern markets.
Hyde Park Real Estate Development has acquired 415 feddans of the historic Dream Land site in 6th of October City from state-owned Ecrami, in a deal that clears one of Egypt's longest-running real estate disputes.